Zinger Key Points
- The disparity deepens in popular vote shares, with top Trump backers holding 82% and Kamala’s spread across smaller investors.
- Trump’s concentrated share ownership reflects support from a few major players, while Kamala’s shares are backed by more small investors.
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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.
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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.
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