A Polymarket user lost $2 million due to news of Biden withdrawing from the race
ChainCatcher news, a trader named AnonBidenBull saw the total value of their three positions on Polymarket decrease by $2 million after Biden announced his withdrawal from the campaign.
It is reported that AnonBidenBull had placed a significant bet that Joe Biden would win the 2024 nomination, win the presidential election, and win the popular vote. However, after Biden's statement, the value of their positions shrank by 99%.
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