New account: $17,000 bet on a CEX, FDV will exceed $500 million on the second day of launch

Gate News reports that on March 9, according to PolyBeats monitoring, a new account on the prediction market Polymarket bought into a certain CEX FDV-related position at different tiers. The account invested $17,000 on the day after the CEX launched, with an opening average price of 41¢, and the current price of the option has dropped to 33¢. This CEX was created by former FTX and Alameda executives as a compliant cryptocurrency exchange and Web3 wallet ecosystem. Its latest funding round in 2024 raised $17 million in Series A funding, with a valuation of $120 million at the time. According to recent reports, the CEX is currently negotiating a new $50 million funding round, with a pre-money valuation reaching $1 billion. The probability of the CEX issuing tokens before April is 48%. The betting account address is 0x0f73393bf96e31d7985c3e9c85d13d6860ad17b6, with a total open position of $17,000.

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