A loss of more than half a million dollars didn’t stop this trader from raising his stake.
Title: He lost more than $500,000. He bought shares worth $52,000 on NIP’s win over EDG on Polymarket’s platform for the showdown against LPL Knight Road. The average entry price was 82.3 cents, for a total of 63,953.5 shares, along with additional positions of roughly $10,000 on NIP’s win in the second match.
The matchup began today in a Best-of-Five format, and NIP is currently leading 1-0. 🎮
Main bet: $52,000
Average entry price: 82.3 cents
Game 2 positions: around $10,000
In my opinion, the size of the bet after a streak of losses of this magnitude makes the deal more interesting than just predicting the outcome of a match. 👀
Will this bold bet turn into a winning trade as NIP continues to lead?
#Polymarket #NIP #EDG #LPL #crypto
Title: He lost more than $500,000. He bought shares worth $52,000 on NIP’s win over EDG on Polymarket’s platform for the showdown against LPL Knight Road. The average entry price was 82.3 cents, for a total of 63,953.5 shares, along with additional positions of roughly $10,000 on NIP’s win in the second match.
The matchup began today in a Best-of-Five format, and NIP is currently leading 1-0. 🎮
Main bet: $52,000
Average entry price: 82.3 cents
Game 2 positions: around $10,000
In my opinion, the size of the bet after a streak of losses of this magnitude makes the deal more interesting than just predicting the outcome of a match. 👀
Will this bold bet turn into a winning trade as NIP continues to lead?
#Polymarket #NIP #EDG #LPL #crypto
