The whale made an initial $1,000 investment in Polymarket this year and has since accumulated over $2 million in profits.
BlockBeats News, December 27th, Smart Money "RN1" this year initially invested $1000 on Polymarket, accumulating profits of over $2 million. The related page shows that this address mainly participated in sports prediction this year, with a total of over 13,000 predictions made, and the largest single prediction profit was $129,000.
According to crypto KOL @carverfomo's analysis, this smart money conducted arbitrage through high-frequency trading, taking advantage of temporary price disparities in the platform's automated market maker, with profits not relying on predicting the events themselves.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Silver Rises to Become the World's Third-Largest Asset, with a Total Market Value of $4.485 Trillion
Silver market cap jumps to third place globally, narrowing the gap with NVIDIA to less than 5%
DeBot: Previously flagged risk wallet users lost 255,000 USDT to theft and will be fully compensated
