According to the current Polymarket 2024 US election odds, former President Trump is favored to win all six US swing states.
Spokespeople for Polymarket claim to have identified the whale responsible for $28 million in pro-Trump trading positions as one unnamed French citizen with a seasoned background in finance and trading.
According to a piece in The New York Times DealBook, company representatives told the outlet that four separate accounts — Fredi9999, Theo4, PrincessCaro and Michie — belong to the trader.
Company spokespeople also said they found no evidence of market manipulation during the investigation, noting that the trader intentionally spread his bets across smaller positions to avoid moving the market erratically.