Wallet suspected to be associated with Arca lost $100,000 on Polymarket
According to Odaily, Arkham monitoring shows that this morning, a wallet suspected to be associated with Arca lost $100,000 on Polymarket. This Polymarket wallet had previously received deposits from an Arca wallet and was signed by the Arca wallet. It spent $100,000 to purchase "YES" in the "Will Microstrategy sell BTC before May 31" market at an average price of $0.005 per share, but the market settled at zero.
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