Something big is going down on the crypto-powered prediction market Polymarket, and all signs are pointing to Donald Trump. In the last 72 hours, at least $30 million has been thrown behind Trump’s 2024 presidential run, with a few high rollers turning heads and raising eyebrows. Who are these secret gamblers betting millions that Trump will win? No one knows for sure, but their huge wagers have sparked wild speculation.
One thing’s for sure: Trump’s numbers have surged. Polymarket, which lets users bet on political events, now shows Trump with a 60% chance of winning against Kamala Harris—up from just 54% days ago. While Harris once led the market, the tables have turned fast, thanks to some massive bets. Four accounts—Fredi9999, PrincessCaro, Michie, and Theo4—are behind most of the action, each dropping hundreds of thousands, even millions, on Trump. The biggest whale? Fredi9999, who has wagered a staggering $16 million on Trump and racked up $74 million in total trade volume since joining in June 2024.
And it’s not just about the money; it’s the mystery. One long-time political bettor, known as Domer, claims that Fredi is not only making waves in the market but also has quite the attitude. “He accused me of insulting his intelligence… just arrogant for no reason,” Domer revealed after a brief interaction with the mystery gambler. Some even suspect Fredi, Michie, PrincessCaro, and Theo might all be the same person or entity, working together to tilt the odds in Trump’s favor.
Despite the excitement, questions remain about the reliability of Polymarket. The site only has about 100,000 users, and it’s inaccessible from the U.S. without a VPN. Still, that hasn’t stopped Elon Musk from hyping the platform, calling it “more accurate than polls” since real money’s on the line. Backed by conservative billionaire Peter Thiel, Polymarket’s Trump-Harris forecast has already seen over $2 billion in volume, with $615 million on Trump alone.
As the 2024 race heats up, one thing is clear: with millions at stake, the stakes have never been higher.