CandleFocus “BetTom42” Pushes $3.4M in USDC on Trump’s 2024 Election Chances
2024-11-01
Author: Content Editor
A trader under the username "BetTom42" has invested $3.4 million worth of USD Coin (USDC) in the last three days, betting on the victory of former President Donald Trump in the 2024 US Presidential election. The trader has moved funds from popular trading platforms like Kraken and Binance to a Polymarket wallet, indicating high confidence in Trump's political future. The trader has withdrawn another $2.4 million USDC from Kraken today to bet on Trump winning the election. Despite the confidence in the campaign, the trader has reportedly lost around $157,573 in Trump's campaign. This demonstrates the role of cryptocurrencies in political dynamics and risky gambling. The bet has attracted attention in the crypto and politics circles, with people waiting to see the outcome of this high-stakes investment.
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