New address wagered $13.8k predicting the next Federal Reserve Chair as Rick Rieder, with the suspect address reported over the past nine days having collectively wagered at least $150k on Rick Rieder.

According to PolyBeats monitoring, a new address has placed a $13.8k bet on Polymarket's prediction market in the past 24 hours that the next Chair of the Federal Reserve will be Rick Rieder, with a cost of 30¢ and a current price of 32¢. Over the past nine days, PolyBeats has reported multiple bets on the next Chair of the Federal Reserve being Rick Rieder from suspicious addresses, with costs ranging from 3¢ to 30¢. The total bet amount from addresses that have not yet cashed out is still $150k.

In the last 24 hours, Reuters reported from Davos that Trump indicated the selection of the next Chair of the Federal Reserve may have narrowed down to "just one," and he mentioned several candidates by name, including Rick Rieder, praising Rieder's "very impressive" performance in interviews. Subsequently, in a CNBC-related compilation of Trump's statements, Reuters again mentioned that Trump claimed to be close to making a decision, giving positive remarks about both Rieder and Kevin Hassett. Hassett publicly stated that Rieder is the "top bond expert." There has been no formal nomination submitted yet, but these public statements are seen by the market as one of the signals indicating an increased likelihood of Rieder's selection.

Addresses:
0xcaa64916768e40e9d17bcb82dd72495e34ed36a2
0xfa87a158110370eb6dbe678843c055a6b144c2a0
0x1138c6c14b9f3b6edd719d0b7b471bd896afe410
0x11d94288def16d483c2f3f5de4e62d239100dc96
0x9defea73d64dd6606e9dfc0536b8b07541e46b9d
0x817abf38d75aa526db01da7f94bc4bf8023d7f1c

Total Open Interest: $150k
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