Markets
News
Analysis
User
24/7
Economic Calendar
Education
Data
- Names
- Latest
- Prev
【The French Whale Who Bet on Trump's Victory Has Already Made a $47.8 Million Profit】 November 8th, according to lookonchain monitoring, a French whale who bet on Trump's election has now realized a floating profit of $47.8 million. This "whale" is a French billionaire who has worked as a trader in multiple banks. This summer, he began using his mathematical expertise to analyze American opinion polls.On August 3rd, he started withdrawing USDC from Kraken to bet on Polymarket. He said his bet is essentially a wager on the accuracy of opinion poll data. He believed that the polls exaggerated Harris's support and failed to account for the "shy Trump voter effect." He explained that Trump supporters either did not want to tell pollsters they supported the former president or simply refused to participate in polls.He commissioned a large polling agency to conduct surveys using neighbor polling and traditional polling methods. These polls showed that when respondents were asked who their neighbors would vote for, Harris's support decreased by a few percentage points compared to direct inquiries.Therefore, starting from October 2nd, he created three more accounts (Theo4, PrincessCaro, and Michie) to further increase his bets on Trump. Between October 2nd and November 5th, he withdrew a total of 42 million USDC from Kraken to bet on Trump's election victory, ultimately realizing a floating profit of $47.8 million.
Quick access to 24/7
Quick access to more editor-selected real-time news
Exclusive video for free
FastBull VIPject team is dedicated to create exclusive videos
Follow More Symbols
You can add more symbols to your watchlist.
More comprehensive macro data and economic indicators
More comprehensive historical data on indicators to help analyze macro markets
Member-only Database
Comprehensive forex, commodity, and equity market data