Great news about Polymarket! Donald Trump's chances of winning the U.S. presidential election have decreased to 61%, while Kamala Harris' chances have increased to almost 39%. Given the accusations of vote anomalies against Trump, traders may be deliberately hedging their bets, which could explain this market move.
With prices that represent the probability of an event happening, Polymarket enables users to purchase shares in forecasts. Harris' shares have been significantly purchased in recent trades over $10,000, which may be an indication of a hedge against Trump bets.