WSJ published an article saying that Trump's lead on Polymarket may be a "false image", suggesting that the team spent 30 million votes to promote Trump

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MarsBit
10-19
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According to the Wall Street Journal, the probability of Trump winning the November election has risen sharply on the cryptocurrency prediction market Polymarket over the past two weeks. As of Thursday, investors on the platform believe Trump has a 62% chance of winning, while Harris has a 38% chance. However, in early October, the two candidates were still evenly matched. This surge may be an illusion created by four Polymarket accounts that have collectively invested about $30 million in cryptocurrency to bet on Trump's victory. After review, the CEO of blockchain analysis firm Arkham Intelligence, Miguel Morel, stated that he has ample reason to believe these 4 accounts belong to the same entity. The large bet on Trump may not be malicious. Some observers believe these bets are made by a big gambler who is confident that Trump will win and hopes to make a huge return. However, others believe these bets are an influence campaign aimed at boosting the former president's presence on social media. An insider said that Polymarket is investigating the activity in its presidential election market with the help of external experts. Cochran, a partner at venture capital firm Cinneamhain Ventures, said that $30 million is enough to change the odds on Polymarket, and for someone trying to influence the election with deep pockets, this is not a large expense, but rather the most effective political advertisement they can buy so far. According to Mars Finance, Trump's probability of winning on Polymarket is still maintained at 60%.

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