Arca-Linked Wallet Loses $100K on Polymarket Today

ARCA36.19%
BTC-0.91%
According to Arkham, this morning, an Arca-linked wallet incurred a $100K loss on Polymarket. The wallet, which had received deposits from Arca's main wallet and bore its signature, spent $100K purchasing YES tokens at an average price of $0.005 per share in the "Will MicroStrategy sell BTC before May 31?" market, which settled at zero.
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