Saltık 
Donald Trump’s lead over Kamala Harris on blockchain-based prediction platform Polymarket has risen to 13 percent after a mysterious investor bought millions of shares.
Trump’s chances of winning the US presidential election have increased significantly after an investor known by the username Fredi9999 bought millions of shares on the platform. Earlier this week, Fredi9999 had around 7 million shares predicting Trump’s victory, while that number has now reached 11 million. According to Polymarket data, this investor has bought hundreds of thousands of dollars worth of shares in the last hour, betting on Trump’s victory.
The total trading volume for the election result between Trump and Harris has already exceeded $1.6 billion. For comparison, only $11 million worth of transactions were made on Polymarket in the 2020 US presidential election.
Trump’s lead widened significantly after Tesla CEO Elon Musk announced that he found Polymarket more accurate than traditional polls. At the beginning of the week, Trump’s probability of winning was 50.6 percent, while Harris’ was 48.4 percent. This increase coincides with Musk’s statement and the record trading volume on Polymarket.
İlginizi çekebilir: What is BabyDoge?
Polymarket reached record levels in many areas such as trading volume, number of active traders and new markets in September. The platform raised $45 million in a Series B investment round led by Peter Thiel’s Founders Fund. Important names such as Vitalik Buterin and Dragonfly, founders of Ethereum, also participated in this round.
You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.