The Polymarket trader who bet big on a Donald Trump win made much more than previously thought.
New research from Chainalysis estimates a total profit of over $85 million, up from $48 million.
AdvertisementA Polymarket trader who bet tens of millions on Donald Trump's presidential win appears to have raked in a much larger profit than previously known.
A new estimate now places that figure at more than $85 million, well above the earlier tally of $48 million, according to research from the blockchain-analysis firm Chainalysis.
Collectively, Polymarket traders bet around $3.7 billion in volume over who would win the US presidency.
Persons:
Donald Trump, —, Donald Trump's, Théo
Organizations:
Service, Trump, Wall