Donald Trump's betting odds have taken a sudden and stark lead over Kamala Harris, driven purportedly by a $30 million influx from four accounts, raising questions about market integrity.
Blockchain analyst Miguel Morel suggests the betting pattern may indicate manipulation, as the accounts have shown consistent behavior in placing substantial bets on Trump's victory.
Polymarket's investigation into these unusual betting behaviors highlights the risk of prediction markets being skewed by concentrated financial influence rather than genuine public sentiment.
Despite past successes in accurately predicting outcomes, the reliability of prediction markets, including Polymarket, remains contested, especially following concerns of potential manipulation in this election cycle.
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