A mysterious trader, dubbed the “Trump whale,” is set to gain nearly $50 million after making bold bets related to the U.S. presidential election. The trader, identified as “Théo,” accurately forecasted Donald Trump‘s victory, including his win in the popular vote, despite widespread skepticism from analysts.
Théo placed his bets on Polymarket, a crypto-based betting platform, using four anonymous accounts. He communicated with a Wall Street Journal reporter, explaining that his strategy stemmed from a distrust of polling data. Théo, a wealthy Frenchman ...