Interesting on-chain discovery: A prediction on Polymarket about the "Venezuelan President's arrest" yielded a profit of approximately $400,000, and the funding chain behind this transaction has attracted attention. On-chain analysts tracked a wallet that funded this Polymarket account, which transferred 252.39 ETH from Coinbase on January 1. Further investigation suggests a possible connection to WLFI co-founder Steven Witkoff. This case once again highlights the transparency of prediction markets— all transactions and fund flows can be traced on-chain— and also raises questions about the source of funds behind high profits. From a market perspective, Polymarket's popularity as a decentralized prediction platform continues to rise, but the identification of related parties in large transactions has also become a focus of community attention.

ETH-2,88%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
PebbleHandervip
· 01-05 05:53
Wow, this operation is too blatant. It's all on the chain, and you still want to hide it? 252 ETH clearly shows a big move.
View OriginalReply0
BearMarketSurvivorvip
· 01-05 05:51
Did you really make $400,000 like that? On-chain transparency is a double-edged sword; all the details of how the money was made have been exposed, haha.
View OriginalReply0
TokenVelocityvip
· 01-05 05:41
Making 400,000 dollars feels so great... But who cares about the source of funds? Transparency on the chain means someone gets exposed, and that's the real flavor of the prediction market.
View OriginalReply0
TokenomicsTrappervip
· 01-05 05:38
lmao imagine making 400k on a prediction market and thinking the chain can't see you... actually if you read the contract, this is just textbook greater fool theory with extra steps. watched the liquidations unfold in real time like netflix 🍿
Reply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)