CandleFocus Walletmobile Places Bold $9.95M USDC Bet for Trump in the US Election
2024-11-06
Author: Content Editor
An investor known as "walletmobile" has staked $9.25 million worth of USDC on Donald Trump winning the 2024 U.S. presidential election. The large bet has attracted attention due to its high risk. The bet was made through several transactions, with most funds being used to bet on Polymarket, a decentralized prediction market. Walletmobile has participated in trading $16 million and holds a position worth over $10 million on Trump's potential victory. The investor's risky approach raises questions about whether they will rebalance their position before the election. This bet reflects the speculative nature of cryptocurrency trading tied to real-world events. The outcome of this bet will have potential financial gains or losses for the investor.
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