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Whale Bets $15K on 50bps Fed Rate Cut Amid Market Skepticism
Whale Bets $15K on 50bps Fed Rate Cut Amid Market Skepticism
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BTCCSquare news:
A high-stakes wager on Polymarket has drawn attention to divergent views on the Federal Reserve's next rate decision. Trader JustWakingUp placed $15,000 predicting a 50 basis point cut—a move that WOULD yield $226,000 against prevailing market expectations.
CME FedWatch Tool data shows 91% probability of a modest 25bps reduction. The bold bet gains contextual relevance after August's weak jobs report and a historic 911,000-job downward revision in BLS data through March 2025.
Analysts interpret the position as an asymmetric gamble rather than a conviction play. With $2M+ in prior profits, the trader risks minimal capital for outsized returns should the Fed act aggressively.
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