A major development on Polymarket just took place as a prominent crypto trader—often called a “whale”—placed a staggering $6.93 million bet in $USDC on Donald Trump winning the upcoming U.S. election. This massive wager has pushed Trump’s odds back above 60%, dramatically altering the political betting landscape and igniting widespread debate.
Polymarket, a decentralized prediction platform that allows users to bet on real-world events with cryptocurrency, sees its odds fluctuate as more funds enter the pool. This recent bet has both political analysts and bettors speculating over whether it's a sign of genuine market sentiment or simply intensifying speculation. As the election approaches, the impact of this high-stakes bet is sure to keep everyone watching closely.
