Last year, @Nike made $23 billion. Its founder is worth $35 billion. But Nike pays just dollars a day to the workers who make its products.
Today I met Dinar, who sews 222 labels an hour onto Nike products. She is paid $202 a month.
This is corporate greed at its worst.
RFK's Children's Health Defense is making money selling a child's onesie with the phrases "No Vax, No Problem" and "Unvaxxed, Unafraid" to parents for $26.
Now that RFK is "pro-vaccine", will he ask his organization to stop selling these vehemently anti-vaccine products?
Oh, and having the privilege of my life to help, in my tiny way, the incredible Leah Pisar ahead of the performance of her father and survivor’s, Samuel Pisar, work with Leonard Bernstein at @carnegiehall. I’m very jealous of the NYers I know. https://t.co/361gvnEUrk
Agnes Kaposi MBE. First (my) grandmother, then engineer, socialist, teacher, Holocaust survivor - in her order. Perhaps because Judaism is woven so deeply though all these identities, she never saw it as one. The Nazis did.
Today I had the honour to follow her around a room full of powerful people. She blew them all out the water. She’s 92 and embarking on yet another book. With her engineer’s brain, she’s assembled a team of academics to take on the easy task of understanding universal prejudice. She aims to get to the bottom of why and how people become other, why we can’t learn from the lessons life teaches us, and the bitter consequences that follow. As she said to me recently, when I called her for advice, “you cannot stand for someone hating you not for what you do, but for who you are. That is how the Holocaust happened”.
I am so lucky to be her granddaughter (and to look like her, according to @edballs)
PLEASE SHARE
I was pickpocketed on the Victoria Line between Victoria and Oxford Circus today. My black wallet / purse was taken - it has immense sentimental value to me because it was my mum’s who died when I was a child.
It’s an old Prada wallet which is very worn and tattered. It has very limited £ value but I will pay for its return no questions asked.
I know it’s a long shot but hoping for a miracle.
@TfL
The mystery @polymarket whale identified by @fozzydiablo backing Trump has accelerated their buying and has possibly added two new accounts - if confirmed their cumulative deposits to Polymarket are now over 50million USD.
Accounts:
Fredi9999
Princess Caro
Michie
Theo4
RepTrump (possible new account)
Len9311238 (possible new account)
How do we know these are related:
@fozzydiablo's excellent thread (https://t.co/eRH6aBwRYR) made a strong argument that a single entity was behind the first four accounts, using a mixture of deposit analysis (all deposits were received through Kraken in similar sizes) and timing analysis (bets and the time zones they were most active in). Since then, two new accounts have sprung up on Polymarket showing strong similarities with the previous 4, with the same funding through Kraken in large sizes with concentrated bets on Donald Trump across select markets.
I’ve conducted a new timing analysis with the two latest accounts included. While RepTrump shows a strong match, Len9311238 has only made 4 deposits from Kraken so far - so we have limited data to evaluate. Regardless, I would speculate that these are controlled by the same individual / entity.
What does this mean:
If they are all related then the Trump whale has now deposited over $50m across the six accounts - what is notable is the the speed at which the Theo4 account has received and deployed capital - with $14.7m being sent to their Polymarket account In only 9 days since it was created.
Polymarket royalty @Domahhhh wrote a great thread(https://t.co/MbSi2LEjBr) which actually made contact with the anonymous individual supposedly behind this cluster, this individual revealed very little and quickly became angry under questioning before blocking him. While he left clues to his nationality, I tend to believe that his responses were likely trolling and designed to give little away.
Clearly the continued use of new accounts show an attempt to conceal their individual impact. Exactly why they are doing this is impossible to know. I enjoy indulging in conspiracies, but I don’t see a huge political benefit for the Trump campaign by surging Polymarket odds. It provides extensive earned media coverage on Twitter / legacy media, but it could also risk increasing complacency in potential Trump voters at a time when all campaigns are geared towards turning out their base.
The ultimate tin foil hat conspiracy is that these bets are designed to bolster an argument that the election was stolen from Trump IF Kamala ends up winning. Personally I think it’s more likely that it’s an attempt to influence other related markets - such as crypto, DJT stock etc.
Another less conspiratorial theory is that this is just an entity placing bets on behalf of a number of bettors, so each account represents different individual’s positions.
How much will they bet:
All of these wallets have been funded by Kraken - there is no way of knowing how much capital they hold on site and could deploy. However, considering the proximity of the election and the acceleration in account deposits it seems highly possible that this cluster of accounts could reach over $100m by the election.
This graph shows account deposits by size from Kraken showing massive inflows to RepTrump and Theo4 - I think it’s likely we now see Len9311238 showing similar growth.
Where is this going:
The election is less than two weeks away, the entity shows no signs of slowing down and has actually intensified their bets on the popular vote market. I would expect them to continue increasing their positions moving the entire betting markets across other platforms and outside of crypto as sophisticated bettors take advantage of arbitrage.
While there is statistical value taking the other side against this whale, Trump’s strong recent polling performance have likely reduced the appetite of those betting against. If they continue to deploy capital at their current rate I would expect the Popular Vote market to reach 50/50 pre election.
Regardless, we're likely watching one of the largest bets of all time.
I'll try and post continued updates for the whale until the election, tracking their position size and possible new accounts.