Crypto Market Alert: A Polymarket trader made $300,000 betting on Biden’s pardons, a new an | 2026

Breaking crypto market development: A Polymarket trader made $300,000 betting on Biden’s pardons, a new analysis shows. Here is our analysis of the impact on Bitcoin, Ethereum, and the broader digital asset market.

What You Need to Know

Here are the key details from this alert:

• Exclusive Politics A Polymarket trader made $300,000 betting on Biden’s pardons, a new analysis shows April 16, 2026 8:00 AM ET Heard on Morning Edition Bobby Allyn A Polymarket trader made $300,000 b
• org/player/embed/nx-s1-5786580/nx-s1-9732216″ width=”100%” height=”290″ frameborder=”0″ scrolling=”no” title=”NPR embedded audio player”> Transcript Some of the bets executed by an anonymous trader wh
• hide caption toggle caption In the final hours of President Biden’s term, a Polymarket trader made around $300,000 correctly betting on Biden’s last-minute pardons, according to new data provided to N
• As Biden issued a wave of pardons just hours before leaving the White House, the Polymarket trader bet big on four names, with the odds of those pardons occurring rapidly dropping to near zero on the
• The trader, whose identity is not publicly known, placed around $64,000 worth of bets that Biden would issue pre-emptive pardons for Jim Biden, the former president’s brother, former Rep Liz Cheney, S
• Adam Kinzinger — all prominent critics of President Trump
• Source: A Polymarket trader made $300,000 betting on Biden’s pardons, a new analysis sho

Crypto Market Impact

Digital asset markets are reacting to this development. Traders should monitor Bitcoin dominance, altcoin correlations, and exchange flow data for directional clues.

Exchange Safety

Always store significant holdings in cold wallets. For exchange comparisons, see Top 10 Exchanges and CapCoinMarketCap.

Frequently Asked Questions

Is this news verified?

This report is based on information from external sources identified through our news monitoring system. We recommend verifying directly with primary sources and official regulators before making any financial decisions.

Where can I report financial fraud?

Report to your national financial regulator: FCA (UK), ASIC (Australia), SEC/CFTC (USA), MAS (Singapore), OJK (Indonesia). Also report at Action Fraud (UK) or ScamWatch (Australia).

Published by Capcoinmarketcap on April 17, 2026. Source: A Polymarket trader made $300,000 betting on Biden’s pardons