According to CoinDesk, a trader on the decentralized prediction market platform Polymarket turned approximately $676 into about $67,000 in under a minute by exploiting an error in the UFC event broadcast. In the UFC heavyweight bout, Tyrell Fortune defeated Marcin Tybura to win the match, but arena announcer Bruce Buffer initially misreported the outcome, naming Tybura as the winner. As a result, shares for Tybura on Polymarket surged to $0.99, while shares for Fortune dropped to around $0.01. The trader LlamaEnjoyer (X handle Verrissimus) noticed the anomaly after the misreport and abandoned a planned purchase of $100,000 worth of Tybura shares at $0.99. Instead, he bought $676 worth of Fortune shares at $0.01. Seconds later, the UFC corrected the announcement, and Fortune’s share price rebounded to $1, resulting in a profit of approximately $67,000 for the trader.
Polymarket trader earns 100x profit in 60 seconds due to UFC announcer error
TechFlowShare
Summary
A Polymarket trader exploited a mistake by a UFC announcer to achieve a 100x return in 60 seconds. UFC commentator Bruce Buffer erroneously declared Marcin Tybura the winner over Tyrell Fortune, causing Tybura’s shares to spike to $0.99 and Fortune’s to drop to $0.01. Trader LlamaEnjoyer (X: Verrissimus) purchased Fortune’s shares for $676 at $0.01 each. After the error was corrected, Fortune’s shares surged to $1, resulting in a $67,000 profit. The incident underscores how rapidly unfolding events can create opportunities in alternative markets. Traders are advised to monitor the Fear & Greed Index for similar openings.
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