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[Polymarket User Accurately Bets and Earns $1.15 Million, Faces Insider Trading Allegations] Polymarket announced the 2025 Google search trend results yesterday, with the unexpected victory of the relatively unknown singer d4vd. A user with the alias 0xafEe made precise bets on all major candidates, earning $1.15 million, sparking allegations of insider trading. The user not only correctly predicted d4vd's victory (with only a 0.2% win probability) but also accurately forecasted the defeat of popular figures such as Pope Leo XIV and Trump. The user later changed their nickname, raising further suspicions. Polymarket veteran user Car questioned on the X platform whether this individual might be an internal employee, though others argued that this reflects how prediction markets align more closely with real probabilities.
Bitwise Chief Investment Officer Matt Hougan stated that the company does not need to sell Bitcoin as it has sufficient cash reserves and no debt due before 2027. (Cointelegraph)
[Huang Licheng Partially Closes ETH Long Position, Profit Around $90,000] On December 5, according to monitoring by HyperInsight, Huang Licheng partially closed his ETH long position, earning a profit of approximately $90,000. The current size of his ETH long position is about $35.41 million, with an unrealized profit of $1.3 million (93%) at an average price of $3,043. Huang Licheng's HYPE long position was fully closed this morning, resulting in a loss of approximately $270,000. On the evening of November 24, this address deposited approximately $1 million into Hyperliquid and opened an ETH long position at $2,822, with a position size of about $13.5 million. Over the course of 12 days, the position was continuously rolled and partially closed, with the principal increasing to $2.55 million.
On chain data shows that two newly created wallet addresses (0x2ffD67F4593ccD96A96DaA7b412C2ed501d6D3b4 and 0x4E6524E7A22961D55e0c5f523dF8E740275B67Af) received a total of 41946 ETH worth approximately $131 million from FalconX and Bitmine. These funds may belong to Bitmine. (Onchain Lens)
[Thai Police Seize Over 2.2 Billion Yuan in Assets from Transnational Fraud Syndicate and Arrest 29 People] Thai police seized assets worth over 10 billion baht (approximately 2.2 billion yuan) from four transnational fraud syndicates during a raid, including luxury cars, yachts, bank accounts, and land. The operation was launched following a joint investigation by Thailand's Anti-Money Laundering Office and related agencies. Arrest warrants were issued for 42 suspects, with 29 individuals already apprehended, accused of organized crime, fraud, and money laundering. Additionally, police confiscated around 100 items belonging to "Prince Group" founder Chen Zhi. In October of this year, the U.S. Department of Justice sanctioned Chen Zhi and his 146 associates, along with over 100 companies, on charges of telecom fraud and conspiracy to launder money, designating the "Prince Group" as a transnational criminal organization. They also seized approximately $15 billion worth of Bitcoin.