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A suspected Infinex insider placed a large bet on Polymarket before the official announcement of the "removal of fundraising caps." Total investment was 61.8K USDT, with a total unrealized profit of 30.9K USDT (+50%).
He only bet 7K USDT on the safest >$2M tier, but placed 51K USDT on the higher-risk >$3M and >$5M tiers. This address was also a new address with no transaction history.
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Infinex
@infinex
01-05
We got the sale wrong.
We tried to balance existing Patron holders, new participants, and fair distribution all at once and the result was a sale that (almost) nobody wanted to participate in.
Retail hates the lock.
Whales hate the cap.
Everyone hates the complexity.
To our
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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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