Worst Polymarket trader just won over $100k in a single day
He lost $189,000 on Polymarket, then spent eight days buying LeBron to Philadelphia at nine cents in more than 1,200 tiny orders
.jpg&w=3840&q=75)
18 days ago, junifund1 was certain LeBron James was going to Golden State. He bought 83,871 shares of it at 36.9 cents, about $31,000. The market disagreed almost immediately. He held on while the price fell to 12 cents, then sold, and walked away roughly $20,000 lighter.
He refused to settle with a loss because eight days ago he started betting again.
This time the market was Philadelphia, and this time nobody else wanted any of it. Yes on LeBron to the 76ers was trading at 19 cents and sliding. 16 cents. 11. Then under 9. junifund1 read considered those numbers as a discount, and he bought the whole way down, 30 shares here, 50 there, more than 1,200 separate orders across eight days, each one small enough that the whale bots never noticed him arriving. By the end, he was holding 87,377 shares at an average of 12.8 cents. The entire position cost him about $11,000.
It is worth knowing who was doing this. The account opened in May and has since run $15.7 million through the platform across 1,381 predictions, winning 46% of them. It is down $90,767 on straight trades and another $56,448 on parlays, and it has paid more than $61,000 in fees for the experience. Add it up on BetMoar, and you find a man roughly $189,000 in the hole. His bio is two words long. Run it.
Then Friday morning, around nine Pacific, the reports came that James had signed a two-year deal with the Sixers. A 9-cent bet became a 99-cent bet in seconds. junifund1 sold 29,126 shares straight into the spike for $29,034, close to triple what the whole position had cost him, and then left the rest of the position as a runner. The shares he kept are up around $76,000, a return of 677%. His account swung $121,000 in a single day. It has never had a day remotely like it, and it badly needed one.
All of it raises one very important question. An account nobody knows about buys a market almost nobody believes in, in pieces small enough to go unseen, for eight straight days, and then the news lands right on top of him.
How did he know?
Unfortunately for us, we are never going to find out. Maybe it was luck. Maybe it was information. He is likely the only person alive who knows, and he has $100,000 of reasons to keep it that way. The only thing left is to watch what he does next.
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.
