As Donald Trump prevailed at the ballot box Tuesday, so did several Polymarket users, who backed the former President’s White House bid to the tune of millions of dollars.

Representing the blockchain-based prediction platform’s largest market by volume and open interest, Polymarket’s U.S. presidential election contest concluded Wednesday. Overall, the contest registered $3.6 billion in total trading volume before it resolved in Trump’s favor.

With Trump projected to win the country’s popular vote alongside enough electoral votes to retake the White House, a number of Polymarket users were elevated to the top of its leaderboard. That included an account named Theo4, walking away with a $21 million profit as the platform’s most profitable trader after wagering $19.2 million.

However, the individual’s winnings aren’t limited to only that account. Polymarket confirmed to CNBC last month that a French trader controlled four accounts going all-in on the former president’s re-election bid:
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Author: André Beganski

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