Based on Blockbeats, a high-frequency trading account named 'JaneStreetIndia' on Polymarket has earned nearly $360,000 by trading the '15-minute up or down' crypto prediction market. The account, believed to be a bot developed by Jane Street, places bets early in market openings when costs are below $1, often betting both directions. It has made a profit on 23 out of 25 days, with daily earnings ranging from $5,000 to $33,000. The account has since been renamed 'Account88888'.
Jane Street India Bot Earns $360,000 on Polymarket with High-Frequency Trading
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Summary
A high-frequency trading account known as 'JaneStreetIndia' on Polymarket has generated nearly $360,000 from the '15-minute up or down' crypto prediction market. The account, likely a bot linked to Jane Street, is active early in market hours when trading costs are under $1 and frequently places bets in both directions. Over 25 days, it has earned profits on 23 occasions, with daily trading activity ranging from $5,000 to $33,000. The account has now been renamed 'Account88888.'
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