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Crypto whales, or large investors betting on Donald Trump’s victory, have profited significantly on Polymarket, the top decentralized prediction market. The largest Trump-betting account, known as “Theo4,” has reportedly earned more than $20.4 million from pro-Trump wagers, according to data shared by Lookonchain on Nov. 6. Another prominent whale, “Fredi9999,” made a profit exceeding $15.6 million, while a third major bettor, “zxgngl,” netted over $11 million, Lookonchain reported in a Nov. 6 post. In October alone, ten whale addresses collectively spent $70.6 million in USD Coin (USDC) to place bets on Trump winning the 2024 U.S. election. On Oct. 18,
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