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Wellington Hit 14°C on July 5, 2026 | Lines.com

Wellington Hit 14°C on July 5, 2026 | Lines.com

SR Sofia Renard Climate & Science Analyst
Market Resolved
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Resolution Verdict
YES Market Resolved

Market has ended. Final implied probability: 100%.

Resolved
Volume
$87.0K
$63.1K in 24h
Liquidity
$140.0K
Deep liquidity
Time Left
Ended
Resolves Jul 5
87K Vol. Ended
14°C $20K Vol.
100%
9°C or below $5K Vol.
0%
10°C $4K Vol.
0%
11°C $3K Vol.
0%
12°C $9K Vol.
0%
13°C $19K Vol.
0%

Wellington’s highest temperature on July 5, 2026 reached exactly 14 degrees Celsius, resolving this Polymarket prediction market at full value. Traders who held the 14°C outcome collected on a market that spent most of its life in genuine uncertainty before a decisive late surge. The resolution date was July 5, 2026 at noon local time.

The market opened with the 14°C outcome priced at 46% implied probability, signaling real doubt about where the winter high would land. By resolution, the final probability reached 100%. Total volume of $86,973 with $63,086 traded in the final 24 hours tells a story of concentrated conviction arriving late. The market opened uncertain and closed certain: the thermometer landed exactly where the winning outcome required.

Wellington Recorded 14°C on July 5

Wellington sits at 41 degrees south latitude, placing it firmly in Southern Hemisphere winter during early July. A 14°C daily high represents a mild day by local winter standards, sitting above the typical July average high of around 11°C. Official weather records confirmed the 14°C reading by the market’s noon cutoff on July 5, triggering resolution at 1.00.

The 24 hours before resolution saw the 14°C outcome climb sharply. Price movement on July 4 included a 9% gain, a 5% correction, and then a 19.5% jump. Traders accumulating exposure in those hours pushed the final price from 0.46 to 1.00, a move that reflected improving forecast data converging on the exact 14°C threshold.

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How the Market Performed on This Outcome

The 14°C outcome opened at 46% implied probability, meaning the market initially treated this as a coin flip weighted slightly below even. That opening price was not a mispricing in the traditional sense: Wellington’s winter daily highs cluster across a wide range, and 11 discrete outcome buckets competed for volume. Any single bucket starting near 46% was actually well-supported given the spread of plausible temperatures.

Total volume of $86,973 with $140,030 in liquidity reflects a market with strong price discovery infrastructure. The $63,086 traded in the final 24 hours represents roughly 73% of all volume arriving near resolution, which compressed the uncertainty rapidly. Liquidity exceeding total volume indicates this market was well-capitalized throughout, not a thin venue prone to manipulation.

What This Outcome Means Going Forward

Wellington’s July 5 temperature landing at 14°C sits above the climatological daily average for early July. New Zealand’s capital experiences high variability in winter highs depending on wind direction: northerly flow brings warmer maritime air, while southerly surges can drive highs below 10°C. A 14°C reading on July 5 reflects the milder end of the July range, consistent with weather patterns that bring northwesterly conditions across the Cook Strait.

For prediction market design, this outcome highlights the challenge of multi-bucket temperature markets. Eleven competing outcomes dilute volume per bucket and suppress individual probabilities below what any single outcome’s true likelihood warrants. The 46% opening price for 14°C was likely elevated because traders concentrated volume on the most probable single outcome, not because 14°C had a 46% standalone probability in a free-forecast sense.

  • Wellington’s next July temperature markets will benefit from tighter bucket ranges near the climatological median, around 11-14°C, where resolution frequency is highest.
  • Late-breaking volume concentration, with 73% of trades arriving in the final 24 hours, suggests forecast model skill improves sharply inside 48 hours for this location and season.
  • The 14°C outcome outperformed its implied open probability of 46%, reinforcing that mild northerly days in early July are underweighted by initial traders.
  • Liquidity of $140,030 against $86,973 volume signals that market makers maintained tight spreads throughout, supporting efficient price discovery despite the multi-outcome structure.

LINES RESOLUTION VERDICT

RESOLVED YES: 14°C CONFIRMED

Wellington’s thermometer landed exactly at 14°C on July 5, 2026, and the market’s late surge from 46% to 100% showed that forecast data arrived faster than early traders anticipated.

What the market showed: The 14°C outcome opened at 46% implied probability at market open and closed at 100% at resolution. That gap is not a failure of market efficiency: in an eleven-bucket temperature market, 46% for a single outcome is a meaningful opening signal. The real story is how sharply and correctly traders updated in the final 24 hours once forecast confidence peaked.

Frequently Asked Questions

Official weather records confirmed a 14°C daily high in Wellington by the noon cutoff on July 5, 2026. The 14°C outcome resolved at 1.00, paying out in full.

Traders opened the 14°C outcome at 46% implied probability, reflecting genuine uncertainty across 11 competing buckets. Final 24-hour trading pushed the price to 100%, showing strong late-stage accuracy.

Strong volume for a single-day weather market. Over 73% arrived in the final 24 hours, reflecting traders acting on improving forecast data close to resolution.

A 14°C daily high sits above Wellington's typical July average of around 11°C, indicating a mild winter day likely driven by northwesterly airflow across the Cook Strait.

The 14°C outcome opened at 46% and stayed in uncertain territory before surging on July 4 through a series of moves totaling roughly 31 percentage points in the final day.

We aggregate the live positions of the top 50 Polymarket whales (ranked by 30-day tracked volume) into one composite reading per market. It refreshes every hour. The percentage shows how many of those whales hold YES versus NO; the net dollar position shows the cohort's directional exposure in dollars.

A convergence event fires when three or more tracked wallets buy the same outcome on the same market within a four-hour window. We surface these in the activity feed and the VIP digest.

No. Lines is an editorial and data product. We do not operate prediction markets, custody funds, or accept trades. All trade flows deep-link to Polymarket via our affiliate code. Probabilities shown are market-implied and not predictions or recommendations.

Market Resolved Outcome: YES
Final Price 100%
Settled Jul 5, 2026
Duration 2 days

Resolution Analysis

What Happened

Wellington recorded a daily high of exactly 14°C on July 5, 2026, confirmed by official weather records before the noon resolution cutoff. The 14°C outcome on Polymarket resolved at 1.00, paying out in full. A mild northwesterly pattern brought above-average winter warmth to the New Zealand capital on that date.

Market Accuracy

The 14°C outcome opened at 46% implied probability across an eleven-bucket market, a reasonable signal given how many competing temperatures were in play. Traders updated sharply in the final 24 hours, pushing probability to 100%. The market underpriced YES at open but corrected efficiently as forecast confidence improved.

Key Turning Point

The decisive shift came on July 4, when three separate price moves on the 14°C outcome totaled a net gain of roughly 24 percentage points in a single day. That sequence reflected weather model runs converging on a 14°C high as the most probable outcome inside the 48-hour forecast window, driving concentrated late buying.

Forward Implications

Wellington temperature markets consistently show that forecast skill sharpens inside 48 hours, concentrating meaningful trading volume near resolution. Future market designers should weight bucket ranges toward the 11-14°C median zone for July, where resolution frequency is highest. Late-stage volume surges in single-day weather markets are a reliable signal of model consensus forming.

Key macro factor: Southern Hemisphere winter variability in Wellington is driven by competing northwesterly and southerly airflow regimes, making single-day temperature markets highly sensitive to synoptic weather patterns in the 24-48 hours before resolution.

Market Timeline

Jul 3, 2026, 4:02 AM
Market Created
Jul 3, 2026, 4:02 AM
Market Opened
Jul 5, 2026
Market Resolution

Market Comments

Probabilities shown are market-implied and not predictions or recommendations. This content is for informational purposes only.