Key Points:
- Polymarket reveals that Trump whale FREDI9999 is a French trader.
- FREDI9999 placed over $20 million on Trump’s victory, sparking manipulation concerns.
According to Aggr News, Polymarket has identified that the individual who made that gigantic wager of $20 million on former President Donald Trump’s win with the handle FREDI9999 (Trump whale FREDI9999) is a trader from France.
Polymarket Confirms Identity of Trump Whale
The big bet had earlier raised suspicions of possible market manipulation. The massive bet by Trump whale FREDI9999 skews the odds on Trump’s chances of success in this election. With over $20 million placed on Trump’s success, many had speculated whether this was insider information or an ulterior motive to alter market sentiment.
Polymarket is a decentralized prediction market that allows users to bet on everything from the mundane-such as regular economic events-to the results of political elections. Confirmation of the identity of Trump whale FREDI9999 raised discussions about large players in such platforms and the manipulation potential when high sums are at play.
Read more: Kamala Harris Polymarket Bet Rises with $2M Whale Position
Bet Raises Concerns About Market Influence
Trump whale FREDI9999 was a mystery, raising eyebrows in trading and political betting circles. Some onlookers expressed fear that a bet that large could distort the perception of Trump’s election chances and perhaps influence public opinion or investor sentiment.
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