Polymarket’s Top Trader Bets $15K on 50 bps Fed Rate Cut, Defying 91% Market Consensus

A top trader on Polymarket, the decentralized prediction market, is betting that the Federal Reserve will cut interest rates by 50 basis points at next week’s meeting. The trader, going by JustWakingUp on X, wagered $15,000 on the outcome, a position that could return $226,000 if correct. The position is already up about 3%, but […] The post Polymarket’s Top Trader Bets $15K on 50 bps Fed Rate Cut, Defying 91% Market Consensus appeared first on Coin Edition.