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US Presidential Election: Trader “Fredi9999” Bets $8 Million on Trump's Victory!

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 Certainty of Victory? The bet on the winner of the US presidential election on the crypto platform Polymarket (based on the Polygon blockchain) has seen success that far exceeded the cryptosphere. Even billionaire Elon Musk recently spoke about it. And among those who believe in Donald Trump's victory, a certain trader with the pseudonym “Fredi9999” stands out from the crowd, as he has bet millions of dollars on the former president's return to the White House.


US Presidential Election: Trader “Fredi9999” Bets $8 Million on Trump's Victory!


Donald Trump widens the gap for his victory in the US presidential election.


The bet on the question "Who will be the winner of the 2024 US presidential election" is generating excitement on Polymarket. It has become, by far, the one that attracts the most money on the crypto platform.

In the duel between the 45th president Donald Trump and current vice president Kamala Harris, the score was very close for a while, giving them a 50-50 chance. But for about a week now, the gap has widened in favor of the former president.

At the time of writing, Donald Trump now has nearly a 12-point lead over his competitor, with a 55.5% chance of winning (compared to 43.7% for Kamala Harris). And it seems that a certain account “Fredi9999” is very confident in Trump's victory.


This trader is betting nearly $8 million on a single Polymarket bet.


When you look at his bets on Polymarket, it's obvious that the account with the pseudonym Fredi9999 is a believer in the Republican camp, and especially Donald Trump.

Moreover, on his many bets in favor of the Republicans (or against the Democrats), it's the question about the winner of the US presidential election that has particularly attracted his attention and his capital.

Indeed, as you can see below, Fredi9999 has bet nearly $7.9 million on “Yes, Donald Trump will be the winner of the presidential election.” This is far ahead of the next highest bettor (or bettors) with the nickname “PrincessCaro,” who has still bet $3.3 million on Trump’s return to the Oval Office.


Beyond these direct bets on Polymarket, others are also betting on a victory for the former president. Indeed, on Bitcoin options markets, the significant increase in Long (bullish) positions indicates that more and more speculators are very optimistic about a significant post-election price increase for BTC, in the event of a Donald Trump victory.

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