Polymarket Trader Nets Millions with Bitcoin Bets

BTC-0,52%
ETH-1,1%
SOL-1,43%
  • A Polymarket trader turned $7K into $37K in just minutes, highlighting massive gains from short-term Bitcoin bets.
  • Three linked wallets earned $2.35M in one month, showing disciplined, high-stakes trading can yield huge profits.
  • Trades focus on short-term “Up or Down” markets, with consistent wins and returns sometimes exceeding 400%.

A trader on Polymarket has captured widespread attention after generating millions in profits within just one month. According to blockchain analytics firm Lookonchain, three linked wallets — likely controlled by the same individual — began trading on February 1.

In that short span, they earned $2.35 million betting on Bitcoin’s price, occasionally trading Ethereum and Solana as well. The wallets’ consistent winning record has sparked interest across crypto trading circles.

The data reveals that the wallet, created in January 2026, has engaged in highly active market participation. Over 134,000 views and 24,668 predictions highlight the trader’s frequent involvement. Current open positions hold roughly $70,500 in value, while the single largest gain reached $33,900.

Besides raw numbers, the profit chart shows a steady upward trajectory rather than sudden spikes, reflecting disciplined trading strategies. The trades are primarily short-term “Bitcoin Up or Down” positions, sometimes lasting only 15 minutes, with returns often exceeding 100% and occasionally surpassing 400%.

High-Impact Short-Term Bets Drive Gains

An in-depth analysis of the individual trades shows the strategy and capital allocation. In one trade, the trader was able to make $7,250 grow to $37,640. The profit made was over $30,000. In another trade, the trader made $33,800 in one outcome. In other trades, the trader made between $24,000 and $31,000.

These individual positions also show the trader’s confidence in trading by committing large sums such as between $15,000 and $30,000.

Furthermore, the second trader’s profile on Polymarket shows the same trend with incremental gains but no significant losses. The trader has made an all-time profit of $810,522 from 23,138 predictions and has positions worth $206,200.

The trading curve shows an increase in the rate of return in the recent weeks, thus showing the trader’s strategy of making incremental gains. The ability to make changes to the position size shows the trader’s flexibility depending on the market situation.

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