On-chain Data Fails to Support Polymarket Election Bettors' Early Profit Speculation
Prefer us on GoogleOn-chain analysis shows that the trader of the Polymarket account dubdubdub2 has been engaging in large-scale speculation and DeFi trading for an extended period, holding related election positions until settlement rather than cashing out immediately after polls are released. Trading records indicate that this trader may have continued to place bets 10 minutes after the Nebraska poll results were published. Two experts believe that the existing evidence does not strongly point to any violations, but it cannot be completely ruled out. Polymarket has previously stated that it is investigating the matter.
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