CandleFocus Crypto Whale Bets $8.8M on Trump’s 2024 Election Win as Odds Rise to 67%
2024-10-31
Author: Content Editor
A high-stakes bettor, known as "GCottrell93," has increased their wagers on former President Donald Trump's chances of winning the upcoming U.S. presidential election. They recently withdrew another $1 million USDC from the OKX exchange, bringing their total investment over the past week to $8.8 million. According to Lookonchain, Trump's probability of victory is now estimated at 67%, a significant lead over Vice President Kamala Harris. This reflects a shift in sentiment among some high-net-worth investors who believe Trump's chances are increasingly favorable. The use of stablecoins like USDC has allowed crypto whales to make large-scale political bets. However, it is important to note that these percentages do not guarantee any result, and the final outcome will remain unknown until the official announcement.
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