Vitalik Buterin earned $70K on Polymarket by betting against irrational trends

Ethereum co-founder Vitalik Buterin invested approximately $440,000 on the prediction market platform Polymarket last year, earning a profit of $70,000, Wu Blockchain reported. Buterin explained that his strategy involves identifying moments of what he considers irrational market frenzy and betting against them, based on the premise that absurd outcomes are unlikely to occur.