A wealthy French trader has made a massive profit of $47.8 million by betting on Donald Trump’s victory in the U.S. election. The trader, who goes by the username “Fredi9999” on Polymarket, used his background in mathematics and finance to analyze polling data and identify trends others overlooked. The Frenchman, who previously worked as a trader at several major banks, began using his expertise to assess U.S. election polls in the summer. He joined Polymarket in June and, by August 3, was withdrawing USDC from Kraken to place significant bets. His strategy was based on his belief that polling data
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