French trader identified as major backer of Trump election bets

A French national with a strong background in financial services and extensive trading experience has been identified as a significant trader in the prediction market Polymarket.

This trader has placed bets totaling over $45 million on Donald Trump winning the upcoming U.S. presidential election.

Polymarket, which only allows access to non-U.S. users, discovered that the trader operated multiple large accounts.

This discovery highlights the increasing interest and financial stakes in political betting, particularly in relation to the 2024 election.

The findings from Polymarket emphasize the connection between international trading and U.S. electoral politics, as substantial amounts of money are wagered on the election outcome.

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