A smart money investor initially invested $1,000 in Polymarket this year and has since made a profit of over $2 million.

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A 'smart money' account turned a $1,000 investment into over $2 million on Polymarket this year through high-frequency trading, exploiting price discrepancies rather than event predictions.

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Polymarketsmart moneyhigh-frequency tradingcrypto profitssports predictions

[A "smart money" account invested $1,000 initially on Polymarket this year and has since earned over $2 million] According to Mars Finance, on December 27th, "RN1," a "smart money" account, initially invested $1,000 on Polymarket this year and has since earned over $2 million. The relevant page shows that this address primarily participated in sports predictions this year, making over 13,000 predictions, with the largest single prediction yielding $129,000. According to crypto KOL @carverfomo, this "smart money" account profited through high-frequency trading, exploiting the temporary price discrepancies within the platform's automated market makers, and its profits did not depend on predicting the events themselves.

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