One of the craziest upsets in Polymarket history just happened.
He turned ~$900 into potentially $144,000
All news sites were reporting that SOLV energy (MWH) had a market cap of 6B.
However, one sharp understood that all the articles were wrong to include Class B shares with "no economic interest", thus the actual amount of shares outstanding was less than half of reported.
This is going to UMA final resolution.
Who do you think is right?
https://t.co/Vl3U5s1bAe
The biggest whale in the Logan Paul Charizard market would lose more money if he doesn't bid the price to 700k himself.
This is a clearcase of what happens when derivatives surpass the underlying markets value.
See for yourself.
https://t.co/PcHNVlfCjW