Crypto Trader Wins Nearly $50 Million After Trump Takes the Election
06.11.2024 10:41 1 min. read Alexander Stefanov
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.
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.
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