According to BiJie News, on December 5, PolyBeats monitoring showed that the annual TIME Person of the Year is usually officially announced on the Wednesday or Thursday of the second week in December. On Polymarket, the probability for the “AI” option in this prediction had once steadily climbed, reaching as high as 54%, while the second-place contender, Jensen Huang, dropped to 17%. However, starting yesterday, these two award favorites began to see dramatic reversals: AI’s probability fell to 38%, while Jensen Huang’s rapidly rose to 32%. Given the sensitive timing before the announcement, such sharp fluctuations inevitably raise suspicions about whether insiders have started to enter the market.
The catalyst for this reversal was the unusual operation by trader goingsocial. This trader suddenly sold at market price 25% of the AI “Yes” positions that had been continuously bought up since three days prior, incurring a loss. This abnormal move led the market to believe that AI would not win, shifting funds toward Jensen Huang, the true driver behind the AI wave, causing his probability to surge. Notably, this trader’s position in this market, worth over $70,000, far exceeds his previous average position size ($1,600). Even more intriguingly, after reducing the AI position, goingsocial began continuously buying unpopular options, causing related probabilities to nearly double in a short period of time, and he is still increasing his positions.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
TIME Person of the Year to Be Announced Soon; Unusual Moves by Whales on Polymarket Cause Volatility Among Top Contenders
According to BiJie News, on December 5, PolyBeats monitoring showed that the annual TIME Person of the Year is usually officially announced on the Wednesday or Thursday of the second week in December. On Polymarket, the probability for the “AI” option in this prediction had once steadily climbed, reaching as high as 54%, while the second-place contender, Jensen Huang, dropped to 17%. However, starting yesterday, these two award favorites began to see dramatic reversals: AI’s probability fell to 38%, while Jensen Huang’s rapidly rose to 32%. Given the sensitive timing before the announcement, such sharp fluctuations inevitably raise suspicions about whether insiders have started to enter the market.
The catalyst for this reversal was the unusual operation by trader goingsocial. This trader suddenly sold at market price 25% of the AI “Yes” positions that had been continuously bought up since three days prior, incurring a loss. This abnormal move led the market to believe that AI would not win, shifting funds toward Jensen Huang, the true driver behind the AI wave, causing his probability to surge. Notably, this trader’s position in this market, worth over $70,000, far exceeds his previous average position size ($1,600). Even more intriguingly, after reducing the AI position, goingsocial began continuously buying unpopular options, causing related probabilities to nearly double in a short period of time, and he is still increasing his positions.