A smart money address known as 'RN1' has achieved remarkable success on Polymarket, turning a $1,000 initial investment into over $2 million in 2025. On-chain data reveals that 'RN1' executed more than 13,000 trades related to sports, with a single trade yielding a profit of $129,000. The strategy, highlighted by crypto influencer @carverfomo, involved high-frequency trading and arbitrage, capitalizing on price discrepancies in the automated market maker (AMM) rather than predicting event outcomes.