New Version, Worth Being Seen! #GateAPPRefreshExperience
🎁 Gate APP has been updated to the latest version v8.0.5. Share your authentic experience on Gate Square for a chance to win Gate-exclusive Christmas gift boxes and position experience vouchers.
How to Participate:
1. Download and update the Gate APP to version v8.0.5
2. Publish a post on Gate Square and include the hashtag: #GateAPPRefreshExperience
3. Share your real experience with the new version, such as:
Key new features and optimizations
App smoothness and UI/UX changes
Improvements in trading or market data experience
Your fa
Mystery Account on Polymarket: The Trading Logic Behind Making $360,000 in 25 Days
【Blockchain Rhythm】Polymarket has recently exhibited an interesting phenomenon. An address named “JaneStreetIndia” has been engaging in high-frequency trading of “15-minute prediction of rise or fall,” accumulating nearly $360,000 in profit in a short period.
According to community analysis, this account is very likely a trading bot developed by the quantitative trading firm Jane Street. Its operation method is quite unique—mainly placing simultaneous bidirectional bets, but with a key point: it only acts when the total cost is less than $1. For example, betting on the rise costs 48 cents, betting on the fall costs 46 cents, totaling 94 cents. After market settlement, the odds for one of the directions become $1, and if a volatility opportunity arises, it will precisely choose the favorable side.
Currently, this account has been renamed “Account88888.” Data shows that over 25 days, it was profitable on 23 days. The daily average profit fluctuates between $5,000 and $33,000. This stable profitability reflects the advantages of quantitative trading in the crypto market—leveraging microstructure and probabilistic advantages to find continuous profit opportunities amid seemingly random price fluctuations.