Profitable Polymarket address buys $249,000 on Furia in IEM Cologne final

The wallet, identified by Odaily Seer as having earned more than $1 million in total profit, added positions on Furia against Team Falcons across the match winner, map one and +1.5 maps markets.

Summary

A Polymarket wallet identified by Odaily Seer as having made more than $1 million in total profit placed $200,000 of bets on Furia in the CS2 IEM Cologne Major final against Team Falcons. The address, 0x89dd49bf87c41be422927372a0b75c6ab577f662, bought $110,000 on Furia to beat Team Falcons at an average entry price of 41 cents for 269,038 shares. It also bought $38,000 on Furia to win map one at 50.2 cents for 91,200.7 shares and $52,000 on Furia +1.5 maps at 62 cents for 83,736.7 shares. The best-of-five final was in map one with Team Falcons leading 10-5. The trades show how Polymarket is being used for live esports event wagering through outcome-linked contracts alongside its more established political and macro markets.

Terms & Concepts
  • Polymarket: A crypto-based prediction market platform where traders buy contracts tied to real-world outcomes.
  • average entry price: The average price paid across purchases to build a position.
  • +1.5 maps: A handicap market where Furia would need to avoid losing by more than one map.