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Polymarket betters are putting their bags on Trump and the US government moves

$2 billion

worth of seized Bitcoin. This is Coin Desk Daily. I'm your host, Jen Sanassi.

In the week since President Joe Biden announced his exit from the race, his running mate

Kamala Harris has effectively doubled the chances of Democrats

taking the White House, moving the odds to 38% from 18%. Harris's gains in the polymarket polls

appear to be from small individual bets entering the market. Trump's betters, however, seem to have

more conviction. The top five holders of the yes side of Trump's contract hold a collective

9.1 million shares, which will resolve to a pot of $9.1 million if Trump wins. While the top

five holders of the yes side of the Harris contract have a total of 4.7 million shares. All in all,

betters have staked $423 million on the outcome of the presidential race.

The U.S. government moved $2 billion worth of seized Bitcoin on Monday, sending the already

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