With the U.S. election right around the corner, one major crypto player is betting big on a Harris victory. In a significant move, this “whale” transferred $5 million in USDC from Binance to Polymarket within the last 11 hours, placing it all on the line for Harris to come out on top.
This high-stakes wager suggests growing confidence in Harris's chances, as the investor seized the opportunity to back her with a bold sum. By leveraging Polymarket’s decentralized platform, he aims to capitalize on this pivotal political event, believing Harris’s odds are strong.
If his prediction holds and Harris clinches the win, the payoff will be substantial. This calculated gamble could yield an impressive return of $10.87 million, doubling his initial investment and underscoring the impact political outcomes have on high-stakes trading.
With millions in play and the election outcome uncertain, this whale’s bet reflects both conviction and risk. It’s a powerful reminder of the influence of politics on market sentiment, as well as the potential for lucrative rewards in the crypto betting sphere.
#TetherAEDLaunch #USElections2024Countdown #USNFPCooldown #USPCEExceeds