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Today saw veteran trader `patient12`—who already boasts a daily P&L of $37K—add another $12K to their tally, betting big on a major geopolitical event. But not all conviction bets pay off, as `patient12` is also currently $21K underwater on the 2028 Democratic presidential nomination market. It's a day of high stakes and even higher returns (or losses) as Polymarket traders navigate everything from global politics to esports showdowns.
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Putin Stays? Trader Banks $12Kworld92.5%+$12K
Geopolitical speculation continues to drive significant action, with `patient12` making a notable gain in the "Putin out as President of Russia by December 31, 2026?" market. Betting against Putin's departure, `patient12` held NO shares, entering at an average price of $0.76. Their position has since climbed to $0.93, netting a $12K profit and a 21% return. This conviction bet suggests `patient12` sees a high likelihood of Putin remaining in power through year-end, a view that has been validated by the market's movement in their favor.
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