The whale made an initial $1,000 investment in Polymarket this year and has since accumulated over $2 million in profits.
BlockBeats News, December 27th, Smart Money "RN1" this year initially invested $1000 on Polymarket, accumulating profits of over $2 million. The related page shows that this address mainly participated in sports prediction this year, with a total of over 13,000 predictions made, and the largest single prediction profit was $129,000.
According to crypto KOL @carverfomo's analysis, this smart money conducted arbitrage through high-frequency trading, taking advantage of temporary price disparities in the platform's automated market maker, with profits not relying on predicting the events themselves.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
A whale opens a 10x leveraged long position on ZEC, with an unrealized profit of $1.48 million
The top 2 ZEC long positions on Hyperliquid have an unrealized profit of $1.48 million.
Trending news
MoreCrypto prices
More
