🔍 Polymarket's Trump win prediction skyrocketed thanks to one trader, Fredi9999.

🗓 Key points from the Cointelegraph and Domahhhh article:

📖Fredi9999 bet $25 million on Trump to win across multiple accounts.

📖This raised Trump's chances to 60% to win and 36% to win by popular vote.

📖The prediction is inflated by about 5-8% due to Fredi9999's bets.

📖Such large bets before elections have happened before (McCain in 2008, Romney in 2012).

📌Key point: Despite influential figures like Musk and Vitalik Buterin praising Polymarket, the platform allows you to significantly influence the predicted odds of events without KYC, just by throwing money. These distorted forecasts are then widely disseminated, creating the desired effect of perception of the probability of certain outcomes. ➡️ And even if there is no initial intent to manipulate the market, a person with sufficient capital and strong beliefs can significantly influence the predicted probabilities of global events.

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