A trader who bet more than 45 million dollars on Trump winning the election has been confirmed as a French user after a survey on the Polymarket prediction market platform. Polymarket does not allow the use of American users, the company spokesperson said in a statement on Thursday that four other large accounts behind the user also have 'rich trading experience and financial service background'. These accounts spent millions of dollars in total supporting the Republican Party's victory on November 5th. Online surveyors had expressed concerns that these accounts were operated by one person with the aim of distorting Trump's odds. The spokesperson said, 'Based on the investigation, we understand that this person took a directional position based on his personal views of the election. In addition, no information has been found so far to indicate that the user manipulated or attempted to manipulate the market.' So far, the volume of this year's election on Polymarket's main market is close to 2.4 billion dollars. As of Thursday, the implied probability of Trump winning on the platform was 61.6%, 59% on the competitor platform Kalshi, and 57% on the PredictIt platform.
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A plataforma de previsão confirmou que um trader francês apostou 45 milhões de dólares na vitória de Trump nas eleições.
A trader who bet more than 45 million dollars on Trump winning the election has been confirmed as a French user after a survey on the Polymarket prediction market platform. Polymarket does not allow the use of American users, the company spokesperson said in a statement on Thursday that four other large accounts behind the user also have 'rich trading experience and financial service background'. These accounts spent millions of dollars in total supporting the Republican Party's victory on November 5th. Online surveyors had expressed concerns that these accounts were operated by one person with the aim of distorting Trump's odds. The spokesperson said, 'Based on the investigation, we understand that this person took a directional position based on his personal views of the election. In addition, no information has been found so far to indicate that the user manipulated or attempted to manipulate the market.' So far, the volume of this year's election on Polymarket's main market is close to 2.4 billion dollars. As of Thursday, the implied probability of Trump winning on the platform was 61.6%, 59% on the competitor platform Kalshi, and 57% on the PredictIt platform.