French trader profits 48 million dollars from Trump election outcome

A trader known as Fredi9999 on the Polymarket predictions platform is expected to make a profit of around $48 million after Donald Trump's election victory.

This payout highlights the increasing importance of prediction markets in assessing political outcomes. Fredi9999 has gained attention for placing large bets on the election results.

Bloomberg's calculations show that the trader's strategic positioning has paid off well, marking a significant moment where finance and political forecasting intersect.

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