Feb 20, 2026

Deep Dive: Khamenei out as Supreme Leader of Iran by March 31?

Market Analysis: Khamenei out as Supreme Leader of Iran by March 31?

Do not include any other text outside of the code block.

**Objective Market Analysis: Khamenei Supreme Leader of Iran by March 31, 2026**

**Outcome Distribution & Current State**  
- The market currently assigns a 22.5% probability to "Yes" (Khamenei removed from power) and 77.5% to "No" (Khamenei remains in power through March 31, 2026).  
- The "No" outcome dominates the probability distribution, indicating strong collective market confidence in continuity of status quo.

**Volume & Liquidity**  
- Total volume ($14.49M) is high relative to many prediction markets, suggesting significant engagement and stakeholder interest.  
- 30-day volume ($7.97M) accounts for ~55% of total volume, indicating sustained activity over the medium term.  
- Current liquidity ($417.8K) is robust, supporting fine-grained resolution and reducing noise from low-liquidity artifacts.  
- 24h volume ($608.5K) represents ~1.5% of total volume, consistent with a market in its mid-phase of its ~1.5-year timeframe (from creation to end date), showing continued but not peak activity.

**Recent Trading Trends (Last 200 Trades)**  
- **Price Momentum**: +225% change in the recent window—this reflects a substantial upward shift in the "Yes" outcome probability (from ~7.1% to 22.5% over the trade window), likely driven by new information or high-weight trades.  
- **Buy/Sell Ratio (2.77)**: Significantly more buy-to-sell activity for the "Yes" outcome (147 buys vs. 53 sells), indicating recent consensus toward increased likelihood of resolution to "Yes".  
- **High-Value Trades**: 12 trades ≥$1,000, with a largest "whale" trade at $39,000—this suggests influence from high-liquidity participants or institutional actors, potentially accelerating the observed momentum shift.

**Interpretation of Trends**  
The recent surge in "Yes"-bound trades and high buy/sell ratio align with the reported +225% price change, pointing to a recent and statistically meaningful recalibration of market belief. The high liquidity and large whale trade volume support that this shift is not attributable to noise or minor activity. The market is currently in a phase of active re-evaluation, with the "Yes" outcome having gained notable traction in recent days, though still remaining less probable overall.

**Conclusion**  
The market exhibits high engagement and stable liquidity, with recent trading activity indicating a clear sentiment shift toward the "Yes" outcome. The magnitude and direction of recent trades are quant

**View full market details on Polymarket:**
https://polymarket.com/event/khamenei-out-as-supreme-leader-of-iran-by-march-31

---
*Generated by Polymarket Prediction DVM*
[View on Polymarket](https://polymarket.com/event/khamenei-out-as-supreme-leader-of-iran-by-march-31)