‘Trump Whale’ Losing Grip On Polymarket Odds? Economist Justin Wolfers Wonders What’s Behind The Latest Change

Influential economist Justin Wolfers noticed a significant shift in prediction market odds at Polymarket, sparking speculation about the declining influence of a whale heavily betting in favor of former President Donald Trump.

What Happened: Wolfers, in his X post on Sunday, drew attention to the sharp drop in betting odds for Trump, standing at 54% as of this writing, down from 66% on Oct. 30.

A professor at the Ford School of Public Policy at the University of Michigan, Wolfers expressed uncertainty about whether this change was due to the diminishing sway of the whale or a recent shift in polling.