Renowned VC Continues to Increase Position, Bullish on Fed Chair Nominee Rick Rieder

According to PolyBeats monitoring, in the prediction market Polymarket, in the past six hours, the previously reported suspected Hypersphere Capital new account has been consistently adding to its position on Rick Rieder as the next Fed Chair, with bets ranging from 15 to 18¢. The account currently has a total wager of $38.4k at an average cost of 14¢, while Rick Rieder's current probability stands at 16%.

Following the successful interview between Trump and Rick Rieder the day before yesterday, media reports yesterday cited different sources indicating that Rick Rieder may have an easier confirmation through Congress, propelling him to stand out among the candidates, currently ranking second in probability. Hypersphere Capital is a typical crypto-native VC that has invested in projects like LayerZero and Sentient, with half of its investments revolving around crypto infrastructure, possibly holding early insights into the macro market or having strategic viewpoints.

Account: 0x1138c6c14b9f3b6edd719d0b7b471bd896afe410

Position: $38.4k
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