Vice President Kamala Harris’ odds of winning the White House on crypto prediction market platform Polymarket rose Wednesday as a newly registered user backed her with millions of dollars.

Since October 4, the once neck-and-neck Polymarket odds have increasingly tilted toward Republican Donald Trump, ascribing the former president a 66% chance of victory as of Tuesday. However, Trump’s Democratic opponent saw some gains, bringing his odds down to 63% for a second term.

Conducting their first transaction on Polymarket Tuesday, a user named Ly67890 built up a $2 million position predicting that Harris would win. The fresh face quickly became Polymarket’s top holder of “Yes” shares for Harris, climbing past established users.

Ly67890’s betting activity was broken up across dozens of transactions, but the user placed six bets worth more than $100,000. Some punts made were as small as $0.87, while the user’s highest wager was worth around $148,500.

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Author: André Beganski