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《Time》 Person of the Year to be Revealed Soon, Whale Manipulation on Polymarket Causes Fluctuation in Top Contender
BlockBeats News, December 5th. According to PolyBeats monitoring, the annual Time Person of the Year is usually officially announced on the second Wednesday or Thursday of December. The probability of the "AI" option on Polymarket had steadily climbed, reaching a peak of 54%, while the second-place contender, Huang Renxun, fell to 17%. However, starting from yesterday, these two frontrunners began to undergo a dramatic reversal, with the AI probability dropping to 38%, and Huang Renxun rapidly rising to 32%. As we are in the sensitive period leading up to the announcement, such drastic fluctuations inevitably raise suspicions of insider trading.
The catalyst for this reversal was the anomalous actions of the trader goingsocial. This trader suddenly market-sold 25% of their AI "Yes" position, which they had been accumulating for the past three days. This abnormal move led the market to conclude that AI would not win and redirected funds towards Huang Renxun, who truly drives the AI trend, causing his probability to spike rapidly. It is worth noting that the trader's position in this market, valued at over $70,000, far exceeds his previous average position size ($1,600). Adding to the intrigue, after reducing the AI position, goingsocial began accumulating unpopular options, causing their probabilities to surge by nearly 100% in a short period, and he is currently continuing to add to his positions.
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