

cryptof4ck
16.8K posts

@cryptof4ck
immersed in the prediction world | Polymarket chad




Your Polymarket experience will change forever v0.2.3 is live: 15 new features added ‣ Points system ‣ Bonds tab ‣ Top holders P&L ‣ Rewards pool calculator ‣ Analytics for sports, macro, MrBeast, AI, Pre-market, crypto and stocks, weather


The Largest Manipulation in Polymarket's History Thousands of traders were fooled. The market is asking, “Will Backpack's FDV exceed $200M one day after launch?” With 10 minutes left in the event, the price is below 200M FDV, but the probability that the valuation will exceed 200M is still 90%. It seems traders feared manipulation and were right. It all comes down to one trader: KKStone, who bet nearly $1M on 4 events and messed up big time. In an attempt to salvage whatever he could, he likely tricked all the traders by buying up the order book on that shady exchange @Backpack and keeping the price above $0.20 to win the market. Here’s his profile: @KKStone" target="_blank" rel="nofollow noopener">polymarket.com/@KKStone
Immediately after the event ended, the price of the BP token plummeted, dropping more than 5% in 9 minutes. Meanwhile, DexScreener and CoinMarketCap closed the candle at $0.1996, but the resolution will still be positive. If this isn’t the biggest scam in Polymarket history, it’s definitely one of them It would be great if @Andrey_10gwei could break down this case





On Polymarket, This morning, a Polymarket trader held a large open position betting that BP's FDV would exceed $200M one day after TGE. As the resolution window approached and BP was trading around $0.19, it appears certain traders purchased a significant amount of BP tokens in an attempt to push the price above $0.20 and win their Polymarket bet. We investigated immediately. These traders are not insiders. They are not employees, directors, officers, advisors, or in any way affiliated with Backpack. We have zero tolerance for insider trading of any kind.





I risked $428 to win $1663 Backpack launched BP yesterday, and the probability that FDV will be below $200M is severely underestimated My average entry price is 25.7c, and overnight the price jumped to 54c I’m holding until the end - this prediction will either make me rich or homeless Please pray for me








UPDATE: This user is now down $350,000 unrealized betting on @Backpack 🤯🤯 The worst part? He has been doubling down on his 200m YES position which is currently underwater too 😭 This market expires in 6 hours and price is currently at 190M FDV. Things could get even uglier for this guy 💀




This dude is about to pull the most blatant market manipulation in the history of TGEs


