Some smart money invested an initial $1,000 in Polymarket this year, with total profits exceeding $20 million.

BlockBeats News, December 27 — The smart money “RN1” initially invested $1,000 in Polymarket this year and has accumulated profits of over $2 million. The related page shows that this address mainly participated in sports predictions this year, with over 13,000 predictions made, and the largest single prediction profit was $129,000. According to crypto KOL @carverfomo’s analysis, this smart money uses high-frequency trading to arbitrage by exploiting temporary price discrepancies among platform automated market makers, and its profits do not rely on predicting the events themselves.

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