Whale Trader Looking for $80,000,000 Gains on Polymarket Says He Has No Political Agenda: Report

The Daily Hodl
2024.11.03 16:35
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A wealthy investor, known as "Theo," is betting over $1 million on Donald Trump to win the upcoming US election through the crypto betting platform Polymarket. He claims his motivations are purely financial, having previously noted that polls underestimated Trump's chances in past elections. Theo has also placed bets on Trump winning the popular vote and key swing states. If successful, he stands to gain $10 million, but risks losing his entire $1 million stake, which constitutes most of his liquid assets.