Crypto

Donald Trump Win Odds Spike to 99% on Polymarket For One Trader

The “GCorttell93” account recently made waves in the prediction markets by purchasing over 4.5 million Trump contracts in the “Presidential Election Winner 2024” market. This purchase amounted to a staggering $3 million investment in a relatively short period of time.

Interestingly, due to the mechanics of how the orderbook operates, a portion of this massive buy order amounting to $275,000 was filled at odds of 99%. This was a significant jump from the 63% odds that were being offered at the time of the purchase.

This unexpected move has caught the attention of market observers and has raised questions about the motivations behind such a large investment in Trump contracts. It will be interesting to see how this plays out in the coming days and weeks as the 2024 presidential election approaches.

Carmen Brooke Martin

Finance Analyst Hello, my name is Carmen Brooke Martin and I am an expert finance journalist with a master's degree from New York University in Business and Economics. I'm passionate about helping startups spread the word, discover and promote great projects in the crypto and fintech industry. What I am working on is to provide basic cryptocurrency education and benefits to the crypto community through video tutorials and written content. As a business developer, I help crypto projects structure and create a whitepaper that can stir investors' interest, advice on marketing strategies and promotions.

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