Holder of Reddit’s MOON Tokens Makes 550% on Polymarket as BTC Price Tops $50K

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Polymarket's now-expired prediction contract "Will BTC hit $50,000 in February" (Polymarket)
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Polymarket has several other betting contracts tied to bitcoin and ether. One, floated in December, allows traders to speculate on whether the BTC price will rise to a record high on Binance on or before March 31. As of writing, shares in the Yes side of the contract traded at 18 cents, representing just an 18% probability of bitcoin climbing above $68,789 by the end of the first quarter.

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