Crypto Trader Wins Nearly $50 Million After Trump Takes the Election

A major bettor won $48.35 million after Trump officially emerges victorious the U.S. presidential election, according to insights from Arkham, a crypto analytics platform.

The trader has staked over $27 million on Polymarket, hoping for a substantial return on a Trump victory.

Several large-scale bets have emerged on both Trump and his opponent, Kamala Harris. Key bets on Trump include a user named “Fredi9999” aiming to secure $48.35 million with a $27.15 million investment, alongside other major bets like “zxgngl” and “GCottrell93,” with potential winnings of $24.75 million and $13.28 million, respectively.

Meanwhile, Harris supporters, including a user called “Ly67890,” could win over $16 million if she could take the election, with a $5.91 million investment.

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Trump won by a significant margin in electoral votes, and although the counting of the votes hasn’t finished yet, Donald Trump declared victory after a major comeback.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.