Crypto Whale Bets $1.6 Million on Trump Victory: Withdraws 2.5M

Whale Withdraws 2.5 Million USDC from Kraken, Bets $1.6 Million on Trump’s Victory

According to Onchain Lens monitoring, a cryptocurrency whale has withdrawn 2.5 million USDC from the Kraken exchange in the past 48 hours. The whale used $1.6 million of the withdrawn funds to place a bet on Donald Trump’s victory in the upcoming U.S. presidential election via the prediction market platform Polymarket.

The whale’s wallet still holds 898,000 USDC, indicating the possibility of further staking. Currently, Trump’s win rate on Polymarket stands at 62.7%, suggesting a favorable outlook for the whale’s bet.

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