Crypto Investor Profits from Trump Pardon Bet
A surprising prediction played out, as an anonymous crypto trader reportedly profited significantly from a bet on a potential presidential pardon. The trader, whose identity remains unknown, speculated that former President Donald Trump would pardon Binance founder Changpeng “CZ” Zhao at some point in 2025.
Polymarket Winnings
Blockchain analytics from Euan on X (formerly Twitter) highlighted Etherscan data, suggesting a connection between the anonymous trader and a specific Polymarket account. This account reportedly earned $56,522 by wagering on a Trump pardon for CZ within the specified timeframe.
Prior Market Insights
This isn’t the first time the trader has garnered attention for prescient market moves. Earlier, the individual was noted in crypto communities for well-timed short positions on both Bitcoin and Ethereum. These trades occurred just hours before a tariff announcement by the Trump administration, which led to a downturn in crypto prices. Critics at the time suggested the trader might have possessed insider information due to the precise timing of these market actions.
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