Whale buys $61,200 of Polymarket contracts betting on Fed rate pause in October
- —Bought 82,169.6 contracts on a rate pause at an average price of 79.3 cents
- —Total spend was $61,200; the account 0x0869...14f has over $57,000 in cumulative profit
- —Contracts settle on the FOMC meeting statement of October 27–28
- —If no rate change is announced, the contract resolves as a win
Why it matters: A large bet on a Fed pause reflects market expectations for rates, which drives bitcoin and risk assets.
Source: TokenPost