A prediction market trader has reportedly gained a notable profit by betting on Bitcoin’s ($BTC) price trajectory. In this respect, within just 1 month, the trader has effectively earned more than $2.3M on Polymarket. As per the data from Lookonchain, the trader has potentially controlled 3 wallets in this respect. This reportedly began on the 1st of February, 2026.

Just how profitable is betting on #Bitcoin’s price on #Polymarket?3 linked wallets (likely owned by the same person) started trading on Feb 1.In just one month, they made $2.35M in profit.They only bet on whether $BTC goes up or down (sometimes also on $ETH and $SOL).… pic.twitter.com/OVuwzj0fFB

— Lookonchain (@lookonchain) March 1, 2026

$BTC Prediction Market Trader Pockets $2.3M Within 1 Month on Polymarket

The prediction market trader has cumulatively collected more than $2.3M over a month through Polymarket by betting on the price movements of Bitcoin ($BTC). Likely controlling 3 wallets, the respective individual started the trading activity on February 1, 2026. Surprisingly, the trader utilized a very simple strategy, betting on whether $BTC would go down or up. Hence, the performance data of the trader discloses a significant success rate. In this respect, Polymarket has become a popular decentralized prediction ecosystem for traders speculating on real-world events, including crypto price movements and politics.

Investor Confidence Rises Amid Bitcoin’s Jump to $68K

According to Lookonchain, the massive earnings of up to $2.3M via $BTC price prediction on Polymarket within a month raise appeal among the Bitcoin ($BTC) traders. Additionally, Bitcoin’s recent spike to $68K has further increased the investor confidence in the potential growth in the near term. Even then, the timing, market insight, and skill play a critical role in prediction market for such extraordinary results. At present, whether the winning streak of the trader continues is yet to be seen.

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