Bettor wins USD 1 million on Polymarket, raising suspicions of insider information

image

Source: Criptonoticias Original Title: Bettor wins USD 1 million on Polymarket and raises suspicions Original Link: https://www.criptonoticias.com/mercados/apostador-gana-usd-1-millon-levanta-sospechas/

  • The bettor has made highly accurate predictions on several occasions.
  • This user’s bets are mostly about Google search trends.

A Polymarket user identified as 0xafEe won over $1.19 million in the past month thanks to extremely precise bets on Google search trends, a fact that has raised strong suspicions of insider information.

The trader, who previously operated under the name AlphaRacoon and later changed their username to 0xafEe, focuses the majority of their bets on Google search trends, such as the most searched person in 2025 or product launches, although they have also dabbled in sports.

In the event “most searched person on Google 2025” they bet on the “Yes” option for a singer named d4vd, winning $200,000. Likewise, they invested in the “No” option against favorite candidates like Donald Trump, Pope Leo XIV, Bianca Censori, and Zohran Mamdani.

Perfil del usuario de Polymarket identificado como 0xafEe del que se sospecha tiene información privilegiada.

The Polymarket user 0xafEe focuses on Google search trends.

In November, 0xafEe accurately predicted the release date of Gemini 3.0, Google’s artificial intelligence model, and earned $173,000 in profits before it was publicly announced.

In some cases, 0xafEe sells shares before the market’s final resolution to lock in gains. For example, they buy at a low price and, when news drives the price up, they liquidate the position without waiting for the official close.

0xafEe’s accuracy has raised alarms in the community. “It’s one of the wildest things I’ve seen on the platform,” wrote Jeong Haeju—a user of Polymarket and other prediction markets—claiming the bettor is someone with insider information at Google. Such a position would allow for this level of accuracy. According to him, it is a Google employee exploiting Polymarket to make quick money.

Polymarket is the largest prediction market in the digital asset ecosystem, where people bet on presidential elections, sporting events, and other outcomes. Polymarket founder Shayne Coplan stated in November that the use of insider information is, in practice, allowed and even encouraged. This incentivizes revealing information to the market efficiently.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)