PANews reported on November 5 that according to monitoring by on-chain analyst Yu Jin, the largest address "0xd23...f29" betting on Trump's victory on the decentralized prediction market Polymarket has added another $3.1 million in support of Trump's victory in the past 6 hours. The address has currently invested a total of 17.2 million USDC, and is expected to receive a return of $10.94 million if Trump wins. However, if Trump fails to win the election, the user will face the risk of losing all funds unless other hedging operations are performed.
The address starting with 0xd23 has increased its holdings by another $3.1 million in the past 6 hours to support Trump’s victory
Comment
Recommend Reading
- 2024-11-05
Solidity 2.0 developer Vlayer raises $10 million in pre-seed funding
- 2024-11-05
A British pension fund has officially allocated 3% of its assets to Bitcoin
- 2024-11-05
Semler Scientific, a US listed company, increased its holdings by another 47 BTC, bringing its total holdings to 1,058 BTC
- 2024-11-05
On-chain identity protocol Phi completes strategic seed round of financing, led by Neoclassic Capital
- 2024-11-05
Coatue Management is seeking to raise $1 billion to increase investments in artificial intelligence and tech innovation
- 2024-11-05
Data: Mt. Gox addresses transferred about $2.2 billion worth of Bitcoin