Holder of Reddit’s MOON Tokens Makes 550% on Polymarket as BTC Price Tops $50K

Polymarket's now-expired prediction contract "Will BTC hit $50,000 in February" (Polymarket)

Polymarket has several other betting contracts tied to bitcoin and ether. One, floated in December, allows traders to speculate on whether the BTC price will rise to a record high on Binance on or before March 31. As of writing, shares in the Yes side of the contract traded at 18 cents, representing just an 18% probability of bitcoin climbing above $68,789 by the end of the first quarter.

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