A smart money investor started with an initial investment of $1,000 on Polymarket this year, accumulating profits exceeding $2 million

2025-12-27 by admin

BlockBeats News, December 27th, smart money “RN1” made an initial investment of $1,000 on Polymarket this year, accumulating profits exceeding $2 million. The related page shows that the address primarily participated in sports sector predictions this year, engaging in over 13,000 predictions in total, with the largest single prediction profit being $129,000.

According to analysis by crypto KOL @carverfomo, this smart money utilized temporary price discrepancies in the platform’s automated market maker for arbitrage through high-frequency trading, with its profits not relying on predictions of the events themselves.

PANews reported on December 31 that Tom Lee, co-founder of Fundstrat and chairman of BitMine, wrote on the X platform: "Typically, during these last holiday trading sessions, many institutional investors exit the market, and algorithmic trading programs and bot trading programs begin to dominate the market, along with sell-offs for tax avoidance. These constitute the market dynamics in the last few days of December." Previously, in BitMine's announcement of acquiring 44,463 ETH last week, Tom Lee mentioned that market activity tends to slow down as the year enters its final weeks of holiday season. Year-end tax-avoidance selling depresses cryptocurrency and cryptocurrency-related stock prices, with this effect typically most pronounced between December 26th and December 30th; therefore, they are adjusting their market strategy accordingly. Earlier today, it was reported that Bitmine pledged another 118,944 ETH and increased its holdings by 32,938 ETH .