A large trader deployed roughly $200,000 into a Polymarket market with an FDV exceeding $50 million, seemingly attempting to influence the price action of $KDK.
The trader aggressively bought $KDK in the open market but was unable to sustain momentum above the $0.50 level. The session ultimately closed at $0.4909, signaling a failed breakout.
As a result, the position incurred an estimated loss of $190,000. The trader later exited the remaining 180,000 shares at $0.003, realizing approximately $654 from the final sale.
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A large trader deployed roughly $200,000 into a Polymarket market with an FDV exceeding $50 million, seemingly attempting to influence the price action of $KDK.
The trader aggressively bought $KDK in the open market but was unable to sustain momentum above the $0.50 level. The session ultimately closed at $0.4909, signaling a failed breakout.
As a result, the position incurred an estimated loss of $190,000. The trader later exited the remaining 180,000 shares at $0.003, realizing approximately $654 from the final sale.
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