A Polymarket user lost 2 million dollars due to the news of Biden dropping out of the race
A trader named AnonBidenBull lost a total of $2 million in value from his three positions on Polymarket after Biden announced his withdrawal from the race. It is reported that AnonBidenBull had placed quite large bets, believing that Joe Biden would win the nomination in 2024, win the presidential election, and win the general election. However, after Biden's statement, their position value shrank by 99%.
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