$BTC It is well known that most of the cryptocurrency community supports Trump due to his friendly views on digital assets. They believe that his emergence as the next US President will provide room for favorable regulation.
Therefore, traders are betting big on Trump's chances of winning in early November. Especially large cryptocurrency investors, who are investing their money in the upcoming election. $SOL
Whales are betting on Trump's victory
On-chain analysis platform Lookonchain revealed that on October 24, a crypto whale bought millions of shares of "Yes" stocks that Trump will win the election. The big investor withdrew 3 million U from the cryptocurrency exchange OKX and bought 4.48 million shares on the leading yes stock prediction platform Polymarket.
Trump's chances of winning the election on Polymarket increased to 63.9%, while his rival Democratic candidate Harris's chances dropped to 36.2%. Data from Polymarket showed that Harris' chances further dropped to 35.8%. However, Harris's odds on other platforms are much better.
