After the election debate, betting on Kamala Harris on the crypto hedge fund Polymarket surged to $1.2 million
Publication Time:2024-09-11 21:31:09
In the latest development on September 11th, a powerful force in the cryptocurrency market - the hedge fund QCP Capital, chose to place large bets on Kamala Harris through the decentralized prediction market platform Polymarket. Following the debate between Donald Trump and Kamala Harris, the address 'paragon' on Polymarket received funds from QCP Capital for purchasing more than $600,000 worth of bets in favor of Kamala. If Kamala Harris ultimately wins, this would mean that QCP Capital stands to gain over $2.6 million in return. This not only reflects confidence in Kamala Harris's campaign prospects but also serves as another example of the integration between cryptocurrencies and traditional financial sectors.
Kamala Harris
US Presidential Election
QCP Capital
crypto hedge fund
Polymarket platform