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Trump Faces $1.2 Billion 'Debt' After US Election... Who is 'Trump's Whale'?

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  • It was reported that Trump raised $850 million to secure a victory in the US election.
  • A significant portion of this amount was reportedly raised from the betting site Polymarket, which is based on blockchain.
  • It was emphasized that he tried to control the size of his bets by increasing the number of his accounts by seven, aiming to reduce the scale of his betting.
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  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.

A Gambler Betting on Trump's Victory

Raised $850 Million... "I Was Confident"

Trump Faces $1.2 Billion 'Debt' After US Election... Who is 'Trump's Whale'?
Trump Faces $1.2 Billion 'Debt' After US Election... Who is 'Trump's Whale'?

A gambler named Im Gyeong, who bet on the US presidential election, reportedly raised about $1.195 billion with our money, equivalent to 850 million dollars.

According to The Wall Street Journal (WSJ) and others on the 13th (local time), the gambler, known as 'Trump's Whale', created seven additional accounts on the Polymarket platform to bet on this US election.

Polymarket is the world's largest betting site based on blockchain. Recently, it has become a hot topic as more people are betting on the US presidential election.

One of the gambler's account names is 'Freddie 9999'. In the industry, he is called 'Trump's Whale'. This nickname was given as he bet a large amount of money on Trump's victory.

It is known that the gambler holds 11 accounts on the Polymarket platform. It is said that he created seven of them just last month. Although the initial betting profit was known to be 48 million dollars, it is estimated that he actually raised 85 million dollars. The amount he bet is over 70 million dollars.

Through the WSJ, the gambler said, "I reduced the size of my bets to ensure my safety and to minimize the confusion that could arise in my life if my identity were ever revealed," adding, "I had enough money and was confident in my analysis."

He also stated, "There is nothing more to add. To be honest, I have become a little tired of all this. I want to return to normal life," he said.

French regulators are investigating whether Polymarket is complying with local laws.

Reporter Kim Dae-young from Hankyung.com kdy@hankyung.com

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