In a stunning display of foresight and financial acumen, a mysterious trader dubbed the “Trump whale” is set to rake in nearly $50 million after placing audacious bets on the outcome of the 2020 US presidential election. The trader, identified only as “Théo,” defied the odds and the skepticism of analysts by accurately predicting Donald Trump’s victory, even going so far as to forecast his win in the popular vote.
Théo, a wealthy Frenchman with a background in banking, made his bold wagers on Polymarket, a cryptocurrency-based betting platform. He placed his bets using four anonymous accounts, revealing his strategy to a Wall Street Journal reporter. Théo explained that his confidence stemmed from his distrust of traditional polling data, arguing that they exaggerated support for then-Vice President Kamala Harris.
Utilizing his mathematical expertise, Théo meticulously scrutinized U.S. polls, ultimately concluding that they misrepresented the actual sentiment of voters. His wagers, totaling over $30 million, amounted to a daring challenge to the prevailing wisdom of political analysts and pundits.
As election results began to trickle in, Théo remained steadfast in his belief that Trump would emerge victorious. His confidence grew even stronger as Trump demonstrated a strong performance in Florida.
The Wall Street Journal has confirmed Théo’s identity as the trader behind the four anonymous Polymarket accounts, with Polymarket independently verifying his French nationality and extensive trading experience. The “Fredi tracker,” a tool monitoring the accounts linked to Théo, reveals that his total gains are approaching a staggering $49.5 million, with his current portfolio valued at $100.7 million on Polymarket.
Théo’s remarkable success is a testament to his exceptional analytical skills and his ability to identify opportunities overlooked by others. It also raises questions about the reliability of traditional polling methods and the growing influence of cryptocurrency platforms like Polymarket in shaping the financial landscape. Théo’s story is a captivating reminder that in the unpredictable world of finance, unconventional thinking can lead to extraordinary rewards.
