Polymarket 'Bet 30 million euro on Trump' Whale investigated: Frenchman claims innocence, believes will definitely make money

Polymarket recently launched an investigation into four Whale accounts and found that these accounts were owned by a French trader who spent more than $30 million betting on Trump's victory, and it is estimated that if Trump wins, he will receive a return of $80 million. (Synopsis: Trump's Polymarket win rate far exceeds He Jinli by 28%, and the CFTC calls for legislative regulation to learn from Taiwan to catch gamblers and block domain names? (Background added: Trump's Polymarket winning rate rushed to 62%, experts: 4 Tingchuan Market MakerWhales fear distorting data) In the last 3 days of the US presidential election, the latest data from Polymarket, a well-known Block chain prediction market, shows that Trump, the former US president and Republican presidential candidate who has publicly supported cryptocurrency many times this year, currently has a win rate of 58.1%, although it is 67% higher than the peak at the end of October It has slipped nearly 9%, but still has a lead of more than 16% with Democratic candidate He Jinli. Behind Polymarket Whale is a French trader However, Trump's winning rate at Polymarket has surged in October, which has been widely followed by revelations that it is suspected to be driven by tens of millions of dollars in bets from four Market MakerWhale accounts. After Polymarket launched an investigation, it was revealed last week that the four Trump Whale accounts Fredi9999, Princess Caro, Michie and Theo4 were actually controlled by a French national with extensive trading experience and a background in financial services, and claimed that the person took a directional position based on his personal views on the election. Today (2) the Wall Street Journal reported that the self-proclaimed Théo Polymarket Tingchuan Whale emphasized in an exclusive interview this week that he personally has absolutely "no political goals", does not want to manipulate the US election, his goal is only to make money. According to him, he is a Frenchman who lived in the United States and worked as a trader in a bank. After concluding that polls underestimated Trump's approval ratings, he spent more than $30 million betting on Trump's victory, denying speculation that his tens of millions of bets were intended to "build momentum" for Trump and claiming that the money for the bets came entirely from his own money. Read more: Will Trump win big? 4 Signs Through, Former Reagan Analyst: Support for Voters More Than You Think! If Trump wins, Whale will make $80 million WSJ estimates that if Théo's predictions of Trump's big victory come true, he could earn a return of more than $80 million, which is more than double the amount he invested. But if Mr. Ho wins, Théo could lose most or even lose most of his $30 million, which he says is most of his available liquid assets. Théo also admits that because he's a big trader on Polymarket, he's actually stuck and can't exit his bets without causing the market to crash. He is currently very nervous about the election results, but he still believes that Trump's chances of winning the election are as high as 80%~90%, but he is also worried that his bet may be disappointed by unexpected last-minute developments. It is also worth noting that, in addition to Polymarket, Trump's win rate, a well-known prediction market that allows users to bet on election results, has declined: Presidential election betting odds, which aggregate five major prediction markets, show that Trump's win rate is 56.2%, which is still ahead of He's 43.3%, but has dropped significantly by 4.6% in the past week. In terms of mainstream media traditional polls, He Jinli led slightly in some polls, but Trump took a slight lead in the polls of the seven swing states. Whether Trump's comprehensive crushing voice on Polymarket and Twitter on the Internet can be shown in the election remains to be revealed after the US election on the 5th. Related reports Trump's Victory Indicator Polymarket is 20% ahead of He Jinli, and BTC trend is positive Correlation Truth be told: Is Polymarket a good forecasting tool? Fed microphone: Trump's election may trigger the "inflation resurgence" crisis! U.S. bond yields hit a 3-month high "Polymarket "bet on Trump 30 million magnesium" Whale investigated: French people shout injustice is not to create momentum, think that it must make money" This article was first published in BlockTempo "Dynamic Trend - The Most Influential Block Chain News Media".