(Archive.is link for a WSJ article). So it looks like those betting markets have been moved entirely by four bettors. Opinions seem to be divided about whether it's because they're really all-in, or are trying to manipulate opinion (since both would involve the same course of action).
21 sats \ 2 replies \ @grayruby 18 Oct
When we saw the big upswing on Kamala last month was it also a small group of bettors moving the market?
Both moves seem highly suspect to me. It's a crypto market. If crypto whales are good at anything it is manipulating markets to make rubes out of retail traders.
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40 sats \ 0 replies \ @StillStackinAfterAllTheseYears OP 18 Oct
I don't know the answer to the first, but it wouldn't surprise me. And yeah, any market that can be manipulated by whales is not one I'd trust for accurate predictions.
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40 sats \ 0 replies \ @c222ecdcb4 18 Oct
facts
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0 sats \ 0 replies \ @Turdinthepunchbowl 18 Oct
Wasn't it that those 4 "individuals" all connected? Like it's one person, 4 accounts. I thought someone tracked the funds but I may be mistaken.
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