A high-accuracy trader on Polymarket has wagered $8,400 against EdgeX launching a governance token by March 31. The trader, known for an 87.5% prediction accuracy, invested when the probability of "No" was 49%, which has since dropped to 36%. According to Polymarket's rules, the market will settle as "Yes" only if EdgeX's token becomes publicly transferable and tradable by the deadline.
EdgeX previously indicated that its token generation event (TGE) would occur by March 31, and recently opened its EDGE airdrop allocation for eligible users, with submissions closing on the same date. The trader's strategy typically involves profiting from market movements rather than the actual event outcome.
Trader Bets $8.4K Against EdgeX Token Launch by March 31
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