A wallet allegedly affiliated with Arca lost $100,000 on Polymarket
2026-06-04 09:25
Odaily Planet Daily News According to Arkham monitoring, this morning, a wallet allegedly affiliated with Arca lost $100,000 on Polymarket. This Polymarket wallet had received deposits from an Arca wallet and was signed by the Arca wallet. It spent $100,000 to buy "YES" shares in the "Whether Microstrategy will sell BTC before May 31" market at an average price of 0.5 cents, and the market expired and settled at 0.
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