According to PolyBeats monitoring, on the prediction market Polymarket, in the past 8 hours, an address with a historical win rate of 81% in political markets has placed a $11.1k bet that the U.S. government will shut down again before 2/14, with an average entry price of 69¢ and a current price of 70¢.
With the current temporary funding for the Department of Homeland Security set to expire this Friday (post Feb. 13), bipartisan disagreements in Congress over budget details remain pronounced. The Democrats have put forth several demands for Immigration and Customs Enforcement (ICE) reform, which the Republicans oppose, and the two sides have not yet reached consensus on a new funding deal. Failure to resolve this deadlock could result in a failure to timely renew funding for DHS, leading to another partial government shutdown.
Address: 0x791976e861822c1f6d13f719d2c80e8deb9b72b2
Position Size: $11.1k
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