71 bets a minute in favor of Donald Trump: That's what the Polymarket 'whale' is betting on

It looks like some of the biggest betters on Polymarket are gunning for a Trump victory in the upcoming Presidential elections in November. According to reports, four accounts on Party have nearly 46 million dollars pitched for a Donald Trump victory.

Polymarket 'whales' backing Trump?

The election trends in the betting market is very important for election watchers this time as election surveys and data are not doing much to waive off the immense political intensity on the cards between Donald Trump and Kamala Harris. Therefore, the betting market trends are the best bet for understanding the election sentiments at this time, as real money is involved there, instead of just probabilities and statistics. Even the stock market trends around the Trump trades are being seen as a viable indicator for Donald Trump's approval ratings, according to previous ET reports.

Also Read : These are the people who could be in Donald Trump's second Cabinet; Mark Rubio to be Secretary of State?

71 bets a minute for Trump?

A big Polymarket whale is placing big beds in favor of Donald Trump winning the November election, and the crypto-based betting platform is reporting that a single user or a group is vehemently placing these bets on a Trump win. Among them are accounts like Theo4, Fredi9999, who have reportedly placed around 2,500 bets in the last 24 hours, according to a Business Insider report. This could be a major insight around Trump's rapidly growing popularity in the election race in recent times.

Also Read : US elections: This new tracking survey gives Kamala Harris 4 points lead over Donald Trump

FAQs:

Is Kamala Harris a popular figure in the US betting markets?
As of now, Donald Trump is the popular Presidential candidate in the betting markets, according to latest Polymarket data. Harris is lagging quite behind the former US President, statistics show.

Is Donald Trump being invested upon in the betting markets?
The betting markets are claiming that Kamala Harris is falling behind in the US election 2024 race, with millions of dollars riding on Donald Trump at this point, according to Polymarket data.