Polymarket account buys $3.09 million bet on 25-basis-point Fed hike

  • A Polymarket account bought $3.09 million on a 25-basis-point September Fed hike.
  • $3.09 million was opened at 54.3 cents across 3,891,751.5 shares.
  • The September market settles after the Fed's Sept. 15-16, 2026, FOMC meeting.

A Polymarket account identified as 0x3a8aa345d5db7ec5138298c8c4f4540259be7699, with cumulative profits exceeding $400,000, bought $3.09 million of the outcome that the Federal Reserve will raise rates by 25 basis points in September. The position was opened at an average price of 54.3 cents and comprises 3,891,751.5 shares. The account also holds about $3.07 million on the outcome that the Federal Reserve will not cut rates by 25 basis points, purchased at an average price of 98.2 cents for 3,088,869.0 shares. The prediction market will settle according to the rate change following the Federal Reserve's September 2026 FOMC meeting. FOMC, the Federal Open Market Committee, sets U.S. monetary policy. Under the settlement rules, rate changes outside the listed choices are rounded up to the nearest 25 basis points; a 12.5-basis-point cut or hike, for example, is counted as 25 basis points. If no relevant statement has been issued by the end of the meeting, the market settles on rates remaining unchanged. The next FOMC meeting is scheduled for Sept. 15-16, 2026.

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Polymarket account buys $3.09 million bet on 25-basis-point Fed hike - CoinPost Terminal