Here's what Polymarket's 16th best trader does with his $10m
A wallet that made its name on World Cup football has $10m parked in an American election it has barely traded
The largest holding on Polymarket's 16th most profitable account is 10,000,000 shares of Democrats taking the Senate and the House in November.
The second largest is 10,000,000 shares of them not doing it. Both were bought at 50 cents, and together they are worth $10m today and will be worth exactly $10m when the votes are counted.
Why would he do that? Well, to collect maker rebates.
Wallet 0x2c335066 has already collected $1,265,646 in maker rebates. and paid $1,322,841 in fees.
Other than that, the account has paid $1,322,841 in fees, generated volume since October of $860,566,479 across 6,354 predictions, has an all-time profit of $7,387,032, and ranks 13th in sports and 3rd in esports.
Nearly all of it arrived this summer:
- The 90-day profit is $6.7m, a gain of 1,026%, which puts the account near $650,000 before the tournament started.
- 18 of its 20 largest wins are World Cup markets, including $1,246,007 on Morocco against Haiti.
- 14 of its 20 largest losses are the same tournament, led by $969,471 on France against Spain.
- Since the final on July 19, it has made $17,300 over seven days and lost $245,580 in August.
- August 3 alone cost $397,000, the worst day on its record.
This page does not constitute investing advice. Prediction markets and/or gambling may result in loss of funds. You are advised to conduct your own due diligence before taking any action.
