Data suggests a single entity has been purchasing all Trump related bets on @Polymarket totaling $26 million.
- Fredi9999
- PrincessCaro
- Michie
- Theo4
Taking a look at their betting activity we can analyze when the accounts are placing bets.
What's most interesting is when we zoom in on the cluster on the right. The betting pattern of each account is very similar and when one account stops another picks up. There is very little overlap within each account suggesting they are all the same entity.
Not to mention the deposits are very similar. All flow comes from Kraken in the form of 500k or 1m deposits. The bottom right cluster with 500k going to all 4 accounts suggests the same entity.
Is the end goal a simple double up?
Or is $26 million a cheap way to sway the public opinion in favor of Trump weeks before the election?
To me there is clearly another play here, I would think there are better proxy bets if you are in favor of Trump. Only way I can see it as a hedge would be if all of this was pro Kamala.
What do you guys think?
- Fredi9999
- PrincessCaro
- Michie
- Theo4
Taking a look at their betting activity we can analyze when the accounts are placing bets.
What's most interesting is when we zoom in on the cluster on the right. The betting pattern of each account is very similar and when one account stops another picks up. There is very little overlap within each account suggesting they are all the same entity.
Not to mention the deposits are very similar. All flow comes from Kraken in the form of 500k or 1m deposits. The bottom right cluster with 500k going to all 4 accounts suggests the same entity.
Is the end goal a simple double up?
Or is $26 million a cheap way to sway the public opinion in favor of Trump weeks before the election?
To me there is clearly another play here, I would think there are better proxy bets if you are in favor of Trump. Only way I can see it as a hedge would be if all of this was pro Kamala.
What do you guys think?
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