# Midterms Blue Wave Makes $917K for One Polymarket Trader, If Alaska Doesn’t Flip

- URL: https://talkfuse.com/story/midterms-blue-wave-makes-917k-for-one-polymarket-trader-if-alaska-doesnt-flip/
- Published: 2026-11-04T11:48:50+00:00
- Updated: 2026-11-05T23:57:29+00:00
- Original publisher: Decrypt
- Original article: https://decrypt.co/382489/midterms-blue-wave-makes-917k-for-one-polymarket-trader-if-alaska-doesnt-flip
- Topics: Americas, Elections, Politics, World

## Key points

- 0xA2’s reported profit reached $917,000 during the midterms.
- Most gains depend on Alaska’s final Senate result.
- Midterm prediction markets drew over $546 million in volume.

## Summary

A Polymarket trader known as 0xA2 has built up a reported $917,000 in profit during the US midterm elections, largely from betting that Republicans would win none of the Senate swing states. Most of the gains are unrealised and depend on Alaska’s final result, so an upset could sharply reduce the trader’s profit.

The trader staked $609,644 when the market put the outcome at 36%; its odds later rose to 87%, valuing the position at $1.48 million and showing about $860,000 in profit. A separate $106,115 profit from predicting a Democratic win in Texas has been realised. Polymarket users made more than $170,000 in total among the platform’s ten biggest daily winners, while midterm markets recorded over $546 million in notional volume across Polymarket and Kalshi over two weeks. Traders put the chance of Alaska reversing the result at 14%, a risk the article says should not be dismissed.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.