Polymarket Users Suspect Insider Trading After Google Trend Markets Crown Surprise Winner

One of Polymarket’s most popular markets over the last few months, the #1 Searched Person on Google in 2025, came to a shocking conclusion yesterday, and one wallet stuck out as a potential insider who netted more than $1 million on the outcome.

The user in question, known as 0xafEe, made $1.15 million by correctly betting on nearly every major candidate, despite the market's winner, d4vd, being given just a 0.2% chance of winning as recently as Nov. 29.

0xafEe’s Polymarket Account

The user, previously known as “AlphaRacoon”, changed their username to “0xafEe” after the prediction market-focused social media accounts began to draw attention to the result.

While gamblers on Polymarket regularly make outsized returns on bold predictions, 0xafEe not only correctly guessed “Yes” on d4vd, but also correctly guessed “No” on the market’s leading candidates such as Pope Leo XIV, Bianca Censori, Donald Trump, and Zohran Mamdani.

In addition to their winnings on the overall search market, 0xafEe also aced betting “Yes” on Charlie Kirk being the most searched passing in 2025, and “No” on Sydney Sweeney being the most searched actor in 2025, despite Sweeney leading the charts throughout most of November.

The 2025 Google Trends market marked a rare occasion in which Polymarket and many of its high-signal users were utterly wrong, while 0xafEe, or AlphaRacoon, was right.

Insider Trading: Feature or Bug?

“A random account, who has previously won $100K+ on a Gemini market, just won over $1M on every single Google Search market. Senior dev doubling his salary? You cant make it up lol,” posteda Polymarket power user known as “Car” on X.

Anonymous insider trading on Polymarket has become a highly debated topic as the prediction market space scales, with many users lamenting toxic flows brought to the market by insiders. However, others argue that insider trading is a feature, not a bug.

Gergely Orosz, an author at The Pragmatic Engineer, addressed the situation on X where he said, “I thought it’s an open secret that unregulated betting markets like Polymarket and Kalshi are the perfect place to do insider trading? It’s not regulated, runs on crypto - so those with insider information will naturally use it to cash out at the expense of everyone else?”
“Basically, participating in such a market without being an insider means you’re probably giving free money to insiders who have the information you’re betting on…” Orosz concluded.

While skeptics argue that Polymarket is the perfect place for retail to funnel their hard-earned money to insiders who are “in the know”, proponents claim that insider trading, whether morally right or wrong, fuels Polymarket’s goal of providing the most realistic probabilities of specific outcomes.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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