Polymarket’s Donald Trump Whale Is French, Bets Out Of Conviction And Not To Manipulate The Market, Investigation Reveals

Polymarket has identified that a prominent whale trader, managing four accounts tied to Donald Trump-related bets, is of French nationality.

What Happened: The trader, using the alias Fredi9999, has an “extensive background in trading and financial services,” according to Polymarket, as reported by The New York Times. He has invested heavily in markets favoring a Republican victory in the upcoming U.S. election on Nov. 5.

Polymarket’s investigation confirmed that Fredi9999’s bets are based on personal views of the election outcome, with …

Full story available on Benzinga.com

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