New Analysis Boosts Trump Whale’s Polymarket Haul to $85 Million

A French trader who made millions of dollars on Polymarket bets that Donald Trump would win the US presidential election may have profited more than initially estimated, thanks to a network of accounts that have been newly linked to his activity.

As many as 11 accounts may be operated by the same trader, according to research conducted by blockchain analytics platform Chainalysis Inc. and seen by Bloomberg News. Best known by the username Fredi9999, the total profit he is expected to have made now amounts to more than $85 million.

An earlier estimate by Bloomberg had calculated a $48 million ...