The French “whale” who bet $30 million on a Trump win via Polymarket has raked in about $48 million in profits, according to the crypto-based betting platform.
The French “whale” who bet $30 million on a Trump White House win via Polymarket has raked in $48 million in profits on the wager, according to the crypto-based betting platform.
The anonymous bettor, who goes by Théo, controlled four separate accounts on the platform that each made wagers on Trump winning the Electoral College and the popular vote, along with some money on Republican candidates in swing states.
On Wednesday morning, projections showed former president Donald Trump claiming a victory over Vice President Kamala Harris to become the 47th president of the United States – catapulting Théo and his massive gains to the top of Polymarket’s all-time winnings board.
The Theo4 Polymarket account is sitting on about $22 million in profits, while the trader’s three other accounts – Fredi9999, PrincessCaro and Michie – saw a combined $26 million.