Probability of Trump's victory rises to 99% on PolyMarket

An "incident" occurred on PolyMarket, the world's largest cryptocurrency gambling site, where the odds of Republican presidential candidate Donald Trump winning rose to 99%.
On the 25th of last month, the probability of Trump's victory temporarily rose to 99% at Poly Market. Previously, Trump's chances of winning were 63%, while Kamala Ha Ri Su's chances of winning were 36%.
This is because one investor placed a large amount of bets on Trump's victory. The "GCorttell93" account had 4.5 million contracts on Trump's victory in the "2024 Presidential Election Winner" market.
He bet more than $3 million on the trade, which temporarily boosted Trump's chances of winning to 99%.
CoinDesk believes this is because the PolyMarket market is too small and vulnerable to manipulation. On that day, the contract's trading volume was $2.2 billion (
CoinDesk reported that the total amount was only about 337 billion yen.