A large investor on Polymarket, a blockchain-based prediction market, has bet millions on Donald Trump winning the upcoming U.S. presidential election, boosting his predicted odds of victory to nearly 67%.
As of October 28, Trump’s odds on Polymarket reached 66.3%, supported by a mystery “whale” who recently added another $2 million worth of USDC (USD Coin) to pro-Trump bets. According to onchain data from Lookonchain, this whale has invested a total of $7.22 million in “Yes” shares for Trump’s election win, with a potential gain of $256,000 if the trend holds.
With just over a week until election day, decentralized prediction markets like Polymarket have sparked discussions on accuracy, with Elon Musk suggesting these markets may better reflect outcomes than traditional polling.
Summary Review: As the U.S. election nears, Trump’s odds of winning are climbing on Polymarket, with a prominent investor contributing millions to pro-Trump shares, raising his predicted victory odds to almost 67%.
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