A bettor on a cryptocurrency-based prediction market, Polymarket, went underwater after gambling in favor of a Donald Trump victory in the upcoming presidential elections. What Happened: As revealed by the platform’s official X handle, a trader, going by the pseudonym truppppp, is down more than 12% on their positions, amounting to $72,000. The significant blow to their trade comes as the odds of a Trump presidency slid sharply on the so-called decentralized prediction market. According to fresh data, bets in favor of Trump dropped from 71% to 58% over the last two weeks. On the other hand, wa…
