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French Investor Bets $4.48M on Trump Victory via Polymarket


by Maxwell Mutuma
for CoinEdition

Share:

French Investor Bets $4.48M on Trump Victory via Polymarket
  • Large Bets on Trump Reflect Growing Confidence in Polymarket’s Prediction Markets
  • Polymarket’s Investigation Confirms No Manipulative Intent in French Trader’s Wagers
  • French National’s Bets Highlight Influence of High-Stakes Investors on Trump’s Odds

A French national placed significant bets on Polymarket, a popular crypto-based prediction market, speculating on Donald Trump’s chances in the upcoming U.S. presidential election. As highlighted by Lookonchain, Trump holds a 63.9% probability of winning, as per Polymarket data.

This investor’s move to buy $4.48 million in “Yes” shares reflects a strong belief in Trump’s victory, a position made eight hours after withdrawing $3 million USDC from the OKX crypto exchange. The sizable wagers placed on Trump’s win have fueled discussions on social media, raising questions about the influence of these large bets on prediction market dynamics.

The post French Investor Bets $4.48M on Trump Victory via Polymarket appeared first on Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 0.00...361

$ 0.99980

+0.02%

$ 0.323


Share:

In This News

Coins

$ 0.00...361

$ 0.99980

+0.02%

$ 0.323


Share:

Read More

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French Investor Bets $4.48M on Trump Victory via Polymarket


by Maxwell Mutuma
for CoinEdition

Share:

French Investor Bets $4.48M on Trump Victory via Polymarket
  • Large Bets on Trump Reflect Growing Confidence in Polymarket’s Prediction Markets
  • Polymarket’s Investigation Confirms No Manipulative Intent in French Trader’s Wagers
  • French National’s Bets Highlight Influence of High-Stakes Investors on Trump’s Odds

A French national placed significant bets on Polymarket, a popular crypto-based prediction market, speculating on Donald Trump’s chances in the upcoming U.S. presidential election. As highlighted by Lookonchain, Trump holds a 63.9% probability of winning, as per Polymarket data.

This investor’s move to buy $4.48 million in “Yes” shares reflects a strong belief in Trump’s victory, a position made eight hours after withdrawing $3 million USDC from the OKX crypto exchange. The sizable wagers placed on Trump’s win have fueled discussions on social media, raising questions about the influence of these large bets on prediction market dynamics.

The post French Investor Bets $4.48M on Trump Victory via Polymarket appeared first on Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 0.00...361

$ 0.99980

+0.02%

$ 0.323


Share:

In This News

Coins

$ 0.00...361

$ 0.99980

+0.02%

$ 0.323


Share:

Read More

72% of Indonesian Crypto Exchanges Still Unprofitable Despite 20M Users

72% of Indonesian Crypto Exchanges Still Unprofitable Despite 20M Users

In Brief OJK data shows 72% of licensed Indonesian crypto exchanges remained unprofi...
SWIFT Adopts Ripple’s Playbook — But Without Replacing Banks

SWIFT Adopts Ripple’s Playbook — But Without Replacing Banks

In Brief SWIFT unveiled a new retail payments scheme to make cross-border transfers ...