BlockBeats news, November 5th, according to TradingBeats monitoring, the previously tracked cross-market trader frenchlaundry has cashed in six major election predictions, achieving a profit of approximately $97,200; their Tesla short position has also been fully closed, with a closing profit of about $36,900.
On Polymarket, these six positions revolved around the Democratic Party controlling both chambers of Congress and election results in multiple states, with a cost of about $382,200 and a return of approximately 25.4%. Among them, about 100,000 shares of "Democratic Party controls both the Senate and House" Yes profited about $31,000; about 306,400 shares of "Democratic Party wins Texas Senate seat" Yes profited about $50,200.
On Hyperliquid, frenchlaundry opened a new Tesla short position yesterday, with a cumulative opening of about $1,832,900 at an average price of about $394.32, and fully closed it in the early hours of today. This round of "betting on a Democratic election victory, shorting Tesla" two-sided trades has been fully exited.
