Polymarket: There is no evidence of market manipulation in U.S. election betting

ChainCatcher news, according to The Block, the whale controlling four accounts on Polymarket is a French trader who has spent over $45 million betting on Trump to win the U.S. presidential election.

A Polymarket spokesperson stated, "Based on our investigation, we understand that this individual has taken directional positions based on personal views of the election. Furthermore, our investigation to date has not uncovered any information suggesting that this user manipulated or attempted to manipulate the market. The user has agreed not to open any more accounts."