- Buy Crypto
- Markets
- Futures
- Spot
- Copy Trade
WE-Launch
Suspected Jane Street quantitative bot engages in Polymarket high-frequency trading on the crypto "15-minute price up/down" market, making nearly $360,000 in profit
BlockBeats news, December 30th, according to crypto KOL @gemchange_ltd, an address named "JaneStreetIndia" has made nearly $360,000 in profit through high-frequency trading of a crypto asset on Polymarket's "15-Minute Price Range" market.
@gemchange_ltd believes that this address is controlled by a bot developed by the well-known quantitative trading firm Jane Street. According to their analysis, this account often makes dual-directional predictions and only places bets when the total cost is less than $1. For example, predicting an increase at 48 cents, a decrease at 46 cents, totaling 94 cents. After the market settles, one of the directions has an odds of $1. If a volatility opportunity arises later, they choose a single direction.
This account has now been renamed "Account88888." According to statistics, out of 25 days, it has been profitable for 23 days. The daily profit ranges from $5,000 to $33,000.
You may also like
Without Narrative Power, Web3 Will Not Tap into the Vastness
From Failures to Success: Building Crypto Products That Truly Matter
Key Takeaways Building infrastructure in crypto doesn’t guarantee success; understanding user needs is critical. Products aimed at younger…
Yield Farming at 86% APY? How to Use Bots to “Earn While You Sleep” on Polymarket
Key Takeaways Polymarket presents untapped opportunities for bot utilization, despite existing competition. A proprietary trading bot streamlines the…
The Eve of a Fed Pivot: Wall Street Girds for Rate Battle Without 'Powell'
After 500 Rejections, I Started Building a Product People Actually Use
FLOW Token Plummets Amid Market Volatility and Regulatory Moves
Key Takeaways FLOW token has experienced a dramatic decline within the last 24 hours. Market volatility and profit-taking…
AI Tool Users Advised to Guard Against Toxic Prompt Attacks
Key Takeaways SlowMist founder Yu Xian emphasizes the risk of toxic prompt attacks in AI tools, urging users…
Hackers Exploit Rainbow Six Siege Servers, Ubisoft Responds
Key Takeaways Hackers successfully breached Rainbow Six Siege, distributing enormous amounts of in-game currency. Players discovered unexpected changes…
Coinbase CEO Declares Opposition to Reopening the GENIUS Act: A Clash with Bank Lobbying
Key Takeaways: Coinbase CEO Brian Armstrong criticizes banks for lobbying to reopen the GENIUS Act, seeing it as…
Trust Wallet Users Experience $7 Million Loss Due to Hacked Chrome Extension
Key Takeaways Trust Wallet faced a significant security breach affecting its Chrome extension, resulting in over $7 million…
Circle Platform Promising Tokenized Gold, Silver Swaps Is a ‘Fake,’ Company Says
Key Takeaways: A fraudulent press release claimed that Circle had introduced a platform called CircleMetals for trading tokenized…
Mirae Asset’s Potential Acquisition of Korbit: A $100 Million Venture into Korea’s Crypto Market
Key Takeaways Mirae Asset Group is exploring the acquisition of the South Korean cryptocurrency exchange Korbit, in a…
Who is creating these ugly Memes?
Crypto Christmas Heist: Over $6 Million Lost, Trust Wallet Chrome Extension Wallet Hacked Analysis
Tips for Crypto Newcomers, Veterans, and Skeptics from a Bitcoiner’s Journey
Key Takeaways Understanding the basics of blockchain and decentralized finance is crucial before investing in cryptocurrency. Newcomers should…
Trust Wallet to Reimburse $7 Million Lost in Christmas Hack: An Inside Job?
Key Takeaways Trust Wallet’s browser extension was compromised, leading to a $7 million loss on Christmas Day. The…
Samourai Wallet Co-Founder Begins Prison Term Amidst Crypto Privacy Debate
Key Takeaways Keonne Rodriguez, the co-founder of Samourai Wallet, shares the emotional experience of his first day in…
Merry Christmas, Caroline Ellison: An Unexpected Early Release from Custody
Key Takeaways Caroline Ellison, former CEO of Alameda Research, will be released from federal custody earlier than expected…
Without Narrative Power, Web3 Will Not Tap into the Vastness
From Failures to Success: Building Crypto Products That Truly Matter
Key Takeaways Building infrastructure in crypto doesn’t guarantee success; understanding user needs is critical. Products aimed at younger…
Yield Farming at 86% APY? How to Use Bots to “Earn While You Sleep” on Polymarket
Key Takeaways Polymarket presents untapped opportunities for bot utilization, despite existing competition. A proprietary trading bot streamlines the…
The Eve of a Fed Pivot: Wall Street Girds for Rate Battle Without 'Powell'
After 500 Rejections, I Started Building a Product People Actually Use
FLOW Token Plummets Amid Market Volatility and Regulatory Moves
Key Takeaways FLOW token has experienced a dramatic decline within the last 24 hours. Market volatility and profit-taking…
Popular coins
Latest Crypto News
Customer Support：@weikecs
Business Cooperation：@weikecs
Quant Trading & MM：bd@weex.com
VIP Services：support@weex.com
App