Analytics
“Will China unban Bitcoin in 2024?” is a crypto prediction market on Polymarket with two tradeable outcomes, Yes and No. The Yes price is the market's implied probability that the question resolves Yes. Quotes can change as orders are updated or filled; a quoted price does not guarantee an available fill at that price.
This market resolved No on 1 Jan 2025. $2.26M traded over its life. The price history, the holders still on the books and the trade tape below are kept as the record of how the crowd priced the question while it was open.
Vultax observes this market from Polymarket's public order book and data API and keeps its own record: 170 daily price points from Jul 16, 2024 UTC to Jan 1, 2025 UTC (Yes between 0.1% and 23.5%); 701 wallets still holding shares after settlement, the largest ten holding 58.6% of the loaded shares; 500 recent public fills from 467 wallets. Each figure carries its observation time; nothing here is a return forecast.
This market will resolve to "Yes" if the government of the People's Republic of China (PRC) explicitly announces that Chinese citizens will be allowed to legally buy Bitcoin with yuan (renminbi) from inside China between July 14 and December 31, 2024, 11:59 PM ET. Otherwise, this market will resolve to "No". For this market to resolve to "Yes" it is only necessary that the PRC announces this change will take place. Whether it actually does will have no bearing on the resolution of this market. The primary resolution source for this market will be official information from the PRC, however a consensus of credible reporting will also be used.
Official listing: polymarket.com/event/china-unban-bitcoin-in-2024
Public Polymarket market/event context is available; Vultax source-pack coverage is tracked separately.
This closed market has no live orderbook depth; the public close quote is shown for context.
Nine stops, one per figure on this page. Each stop says what the number is, why it matters, and what it reads right now for this market.
Each outcome trades as a share that pays $1 if it wins and nothing if it loses. Prices are quoted in cents, and Yes plus No add up to about one dollar.
Daily closes of the Yes price, Polymarket CLOB · 170 points · 16 Jul 2024 – 1 Jan 2025 · axis zoomed to 0%–30%
| Observed | Yes price |
|---|---|
| 16 Jul 2024 | 23.5% |
| 1 Jan 2025 | 0.1% |
| Trader | Outcome | Shares |
|---|---|---|
| odzinski.peter | Yes | 21.14K |
| Fantomas | Yes | 11.51K |
| NobleAuch | Yes |
The Yes price read as a chance. A share at 21.5¢ implies 21.5%, but fees, available depth and who participates can affect that price. A market price is not a calibrated forecast or a verdict.
Dollar value of shares that changed hands in the last 24 hours. High volume means the price is being tested by real money; low volume means a few trades can move it.
Reported dollars resting in the order book. The available size on your side, at the prices you would accept, determines what can fill. A large total alone does not guarantee an execution near the quoted price.
The gap between the best bid and the best ask. A tight spread makes entry and exit cheap; a wide spread is a cost paid on every round trip.
The wallets holding the most shares on each side, and how much of the loaded sample the largest ten control. Concentration shows whether a market is a crowd or a handful of large positions.
The public fills, newest first: which wallet bought or sold which outcome, at what price, and when. It is the market's own diary, and every wallet on it links to a trader profile.
Observed closes of the Yes price over the market's life. The range shows how sure or split the crowd has been; the move shows which way it has been changing its mind.
Trading stops at the close time. The outcome is then settled by the resolution source named in the rules. A closed market is not resolved until the venue reports it, so the two states are shown separately.
| 11.35K |
| LFGTTM | Yes | 10.5K |
| Betmaster0000 | Yes | 4.58K |
| Joepi | Yes | 3.49K |
| mido45 | Yes | 3.47K |
| 0xdanjo | Yes | 3.18K |
| Nintendo | Yes | 3K |
| Biggimp1 | Yes | 2.86K |