This whale bet $183,000 on the Yankees and lost it all
This account has moved $147,470,526 through Polymarket since August 2024 and has $15,759 of cash left in it today
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On Sunday, this trader had the best day of his life. He made $308,000. But everything changed quite fast.
On Monday at 6:32 in the evening, he bought 238,009 shares of the New York Yankees in a single click, at 68 cents, for $164,436. Then he bought more of them. Then he bought the Yankees to win by two runs or more, another $17,651 on the same opinion. Around $183,000 on one baseball game against the St. Louis Cardinals.
The Cardinals won. The position closed at -$181,807.
By this afternoon, he is down $456,000 on the day, the worst day this account has ever recorded. His best day and his worst day are basically 48 hours apart.
This wallet has been trading since August 2024 and has pushed $147,470,526 through Polymarket across 1,640 bets. And yet, Polymarket has him at -$279,637 for two years of work.
He is not finished, though. He holds six positions worth $124,487, four of them baseball games playing this afternoon, with $15,759 of cash behind them. The Philadelphia Phillies ticket is already at 99.8 cents and up 78%.
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.
