Polymarket odds for the New York Knicks to win the 2026 NBA championship surged sharply within about an hour, according to monitoring data.

According to ChainCatcher, the “Yes” option in the Knicks sub-market under the “2026 NBA Champion” event rose from 42.25% one hour earlier to 81.9%, a swing of 39.65 percentage points.

The report did not specify what news or information triggered the move.