Trump Vs. Harris: Who Are Whales Betting On And Who's The Favorite Of Smaller Bettors?

In the race for the U.S. presidency, a stark contrast emerges on Polymarket as the distribution of Donald Trump and Kamala Harris shares highlights distinct economic philosophies that mirror each candidate's policies.

What Happened: According to data from Primo Data and Polymarketanalytics, the ownership concentration reveals two markedly different supporter profiles, with Trump's largest backers consolidating a majority of the shares, while Kamala's supporters appear more diverse and evenly distributed.

Trump's "Yes" shares on Polymarket show that five major accounts hold 50% of the total 162 million shares—an estimated $81 million in payouts should he win.

The largest of these accounts, dubbed "Le Giga Whale," holds nearly a third of these shares alone, underscoring a heavily concentrated backing that mirrors Trump's strong appeal to high-net-worth investors and large stakeholders.

Also Read: Bitcoin White Paper Turns 16 On Halloween—Don’t Let Its Price Increase Since 2010 Spook You

Conversely, Kamala's "Yes" shares tell a different story.

The top five holders account for only 18% of shares, with no individual holding exceeding 5%.

This broad ownership reflects a decentralized base, aligning with her policy stance focused on appealing to a broader cross-section of the population.

The divide becomes even more apparent when considering the popular vote on Polymarket. Trump's top backers—led once again by "Monsieur Whale"—command 82% of "Yes" shares, setting the stage for a potential $36 million payout if he secures the popular vote.

Kamala's top five backers, by contrast, hold only 25% of the vote's total shares. Notably, Polymarket's biggest all-time loser, "therealbatman," has taken the top spot among those betting on Kamala for the popular vote.

What’s Next: As the election approaches, market watchers will have a closer look at the Benzinga Future of Digital Assets event on Nov. 19, where industry experts will discuss the evolving landscape of digital assets and prediction markets in politics.

Read Next:

• Bitcoin To Cross $100,000 By Early 2025, Bitwise Chief Investment Officer Predicts

Image: Shutterstock