Just when everyone was fixated on how MicroStrategy's moves shake the broader market, their latest sale quietly wrecked one trader in a brutal way.
After they filed selling 32 $BTC for about $2.47 million, this guy willo2 noticed the Polymarket odds for MicroStrategy selling more $BTC before May 31 still sitting around 80 percent. He figured the remaining upside was worth it and went all in on YES with a total of $527K.
The twist came when Polymarket ruled the confirmation fell outside the market's timeframe and didn't count. His entire position got wiped out in a single day.
It's a sharp reminder that these prediction markets have their own strict edges, even when the real world event lines up. $BTC holders watching $MSTR plays should take note.