Four accounts owned by one French national have poured $35 million into the prediction market, and they’re all betting on Donald Trump to win the 2024 election.

It turns out, however, that just one individual has poured more than $45 million into bets favoring Donald Trump on Polymarket, the crypto-based betting website. The company was forced to investigate after it was discovered that just four accounts were placing disproportionate bets in favor of Trump winning the election.

Polymarket, a prediction platform that uses cryptocurrency for betting recent investigation revealed the whale who spent $45 million in support of Donald

Polymarket on Thursday confirmed what a number of experts have suspected: All four accounts are controlled by a single trader.

A French trader has placed over $28 million in bets on Polymarket favoring Donald Trump's 2024 presidential victory.

A new report from Bloomberg notes that a “handful of accounts” have “spent millions of dollars worth of crypto on bets in favor of Trump’s return to the White House.” Indeed, the Wall Street Journal recently ran a story on four highly active Polymarket accounts that have been exuberantly betting on the U.

Polymarket has seen a recent surge in pro-Trump election bets. Is it the movement of a rational market or a concerted campaign?

The mystery bettor on election gambling site Polymarket who made large bets on a Trump election victory is a French national who took a position based on a personal view of the presidential race, Polymarket said in a statement on Thursday.

A trader who spent more than $45 million on Polymarket bets that Donald Trump will win the upcoming US presidential election has been identified as a French national, following an investigation by the cryptocurrency-based prediction markets platform.

Donald Trump's odds on Polymarket of winning the U.S. presidential election temporarily dipped Wednesday after the prediction market's second