{"id":2021,"date":"2024-11-01T20:18:53","date_gmt":"2024-11-01T20:18:53","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=2021"},"modified":"2024-11-01T20:18:53","modified_gmt":"2024-11-01T20:18:53","slug":"trump-polymarket-whale-has-30m-bet-on-former-president-winning-2024-election-my-intent-is-just-making-money","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=2021","title":{"rendered":"Trump Polymarket Whale Has $30M Bet On Former President Winning 2024 Election: ‘My Intent Is Just Making Money’"},"content":{"rendered":"
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A French trader, who is among the largest bettors on the 2024 presidential election<\/a> outcome on the prediction market Polymarket<\/strong>, said he made the trades to make money not due to a political agenda.<\/p>\n

What Happened:<\/strong> A prediction market for the 2024 presidential election has attracted over $2.39 billion in wagers on prediction market Polymarket, with a French trader<\/a> among several large “whales” backing Donald Trump.<\/strong><\/p>\n

The large bets on Trump have prompted questions on the integrity of the prediction market <\/a>and questions on the identities of the accounts with the biggest wagers.<\/p>\n

A French trader who called himself Th\u00e9o said he has bet more than $30 million on Trump winning the 2024 presidential election and there is no political motivation or attempts to manipulate the betting markets.<\/p>\n

“My intent is just making money,” the trader told <\/a>the Wall Street Journal.<\/p>\n

The trader said he previously lived in the U.S. working as a trader for banks.<\/p>\n

Large trades made<\/a> by several Trump backers on the platform prompted an investigation<\/a> by Polymarket, which revealed the $30 million bettor was of French nationality. The platform does not currently allow wagers from U.S. residents.<\/p>\n

“Based on the investigation, we understand that this individual is taking a directional position based on personal views of the election,” Polymarket said. <\/p>\n

Th\u00e9o said he placed his bets based on election polls and a belief that Trump’s support is being underestimated. The trader spoke English with a slight accent during a Zoom call, according to the report.<\/p>\n

“I know a lot of Americans who would vote for Trump without telling you that.”<\/p>\n

The trader said he looked …<\/p>\n

Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

A French trader, who is among the largest bettors on the 2024 presidential election outcome on the prediction market Polymarket, said he made the trades to make money not due to a political agenda. What Happened: A prediction market for the 2024 presidential election has attracted over $2.39 billion in wagers on prediction market Polymarket, […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-2021","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/2021","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2021"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/2021\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2021"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2021"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2021"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}