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Analyzing Polymarket Account88888 – Trading Bot Generating $500K+ Monthly

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Analyzing Polymarket Account88888 – Trading Bot Generating $500K+ Monthly

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275 segments

0:00

Okay, so I have been trying to analyze

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our infamous account 8888

0:09

which is kind of going viral right now.

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I think because it has so many views

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like I think I I mentioned this account

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yesterday with where it had like around

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60,000 views and now it's like doubled

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to more than 115,000 views on on this

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account alone.

0:26

Let me just uh refresh it one more time

0:28

and we can see how much profit he made

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today. So today uh 1,500 and then the

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last week he has made $239,000

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and um yesterday I did some I think it

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was yesterday where I posted a video

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about my theory about this account and

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how he did it. And I have now come to

0:55

the conclusion that some of the things I

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said was not correct. So I thought and

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this is also what other people have been

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talking about on on X is that he's

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basically arbitrageing

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and um you know hedging all his bets.

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You know he's trying to you know make

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bets where the the the total size of his

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trades is um below $1. So he's like not

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directional in his trade. he just takes

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both sides and makes a money on the

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spread or something like that. Now today

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I have been trying to look a little bit

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more into his data because you can on

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poly market get all the data almost for

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example we can um go to the data API

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poly market and we can get the activity

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of certain markets

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for example here this market here with

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this user and this user here I know you

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can't probably see it but this is our

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infamous account 88888

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and um I I've done a few um

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few di diagrams here with the help of

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some vibe coding and I've analyzed some

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of the the 15-minute markets. I only

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done five markets now and this is from

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4th of January

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and I'm probably going to continue work

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on this a little bit more and let you

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know. But so so what I've discovered is

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so if you look at this chart here, this

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shows the total amount amount of shares

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that he has during the trading session

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of a 15-minute market. You can see here

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how he starts of course at at zero and

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then the timestamps down here is

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actually not true. Um but the data is is

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is correct. So on average the first

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trade he does on a 15minute market is

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like within the first 5 to 7 seconds.

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And what I've seen only on these five

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markets is that he's very

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uh directional in his trades. So, you

3:00

can see here how he buys um the down

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shares quite aggressively in the start

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up to 5,000 shares and then it kind of

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stagnates and then he buys again. He

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also buys on the upshares.

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But you can see here how it's for sure

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it has a directional bias but not to

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such an extent that he only takes one of

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the sides.

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And if you take that another market

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here, it's it's very similar but with

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some change. You could see how he's very

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aggressive in the beginning to buy up

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the shares and then he does it um a

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little bit on the up shares as well. You

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know, like the the market will resolve

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to up uh just to clarify and then it's

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kind of stagnates and then he kind of

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adds on to his positions. And this is

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something I mentioned the other video

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that I believe that he would add on to

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his positions. But but my theory was

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that he would try to make sure that the

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average cost of both sides would be less

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than a dollar to lock in a sure profit.

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But this is actually not the case

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because when we aggregate all the shares

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and how much he's paid for the shares

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often it it's actually more than um uh

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the average is actually more than $1. So

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so he's actually very directional in his

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his trading.

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And now for the five markets so far and

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keep in mind this five markets is only 1

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hour and 15 minutes. So there's a lot of

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data. Um

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he's very much uh he start to trade on

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the down and and I don't know maybe he

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has some kind of a metric in his system

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where he just before the market starts

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he he already have a bias towards a a

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direction or not

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and then of obviously he there's some

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triggers and we don't really know this

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and this is what I'm trying to figure

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out and I still don't know it how he

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determines the direction of the price.

5:00

It could be from a you know an external

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source somewhere. Maybe he has a data

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source that's faster and then when he

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can see that the price has gone up on

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Bitcoin then he buys uh shares very fast

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and um you know explosively because it

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is a lot of trades that he does. So I've

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analyzed the amount of trades that he

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does. So, for example, if you if you see

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here the the the first market, the 15

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minute here, that's 4th of January from

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11:30 to 11:45

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p.m. He's done a total of 189 trades in

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that duration. So, 189 actual fulfilled

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trades, which is uh 16 and a half

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fulfilled trades uh per minute, but his

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activity is actually more than that. So,

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he does a trade, but not all of them

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gets fulfilled. he does more than a

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thousand trades in a 15-minute period

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window. So, it's like all the time he

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does a trade. You can see here also from

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this data that that for this specific

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market, he has deployed around $18,000

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uh dollars in in in liquidity to the

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market where he just buys all the the

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different sides and his positions is

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like from a few dollars to a couple of

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hundred. And if you times that with

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almost 200 trades, well, it adds up. and

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his um return is crazy you know like for

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this one is 75% return but of course

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some of them is not doesn't give a

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return

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and uh we also have to consider on these

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15-minute market there is a fee

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structure which I also mentioned in the

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previous video where you pay uh actually

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up to one and a half% in fees in the

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middle of the market where you know like

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if the price is around uh half a dollar

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and then if you go towards the edges

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just like where the price is like maybe

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90 cents or 10 cents, then you pay a

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much smaller fee.

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And um and it doesn't seem like he he he

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cares about that. Like he just do does

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the trades no matter when in the in the

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time. It starts very early and then he

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uh he stops uh like a few minutes before

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the market closes.

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And um if you take the third trade here,

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it's the same. He has like a bias

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towards the red one specifically and

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then it just accumulates it. Um, and if

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you take the next one here, again, the

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red one, I don't know if he uses the

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outcome of a previous market to

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determine his direction in the next

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market. Now, when I've analyzed these

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five markets, it does seem like he takes

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the direction of the outcome of the

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previous market. But I don't know if

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this is just a coincidence because it is

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only five markets that I've analyzed. uh

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at this moment

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and you can see here this is the only

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market of the five that I've analyzed

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that he has a bias towards the up shares

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the up outcome

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um but very like not aggressive like the

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other you can see how he starts by just

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putting a little bit and um but again

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very early in the in the trading session

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and then he you know here he adds a lot

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to the the the down outcome and then

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just adds to the position and then it

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actually flips down here uh up here

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sorry um again but again it's it's a big

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mystery how he actually does it right

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and I've not really been become any

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smarter on on how he uh determines you

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know what to buy and when but we know

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for sure that it's not like an arbitrage

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he's trying to do at least that's my

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conclusion maybe you can try to draw

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your own conclusion or if you have a

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different opinion you can try to put a

8:45

comment down below and see if we can

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figure this one out because this is uh

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crazy. Now, this chart here is maybe a

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little bit hard to read and I don't know

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if we can use this to conclude anything.

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But what I found interesting with this

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chart is if we look at the these lines

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here, the dotted lines, this is the

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total amount of shares you have on the

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up and down outcomes. up being the green

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and red being down outcome. And then

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here I measured I mean I mean I just

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recorded the price of the shares and you

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can see how when accumulates during the

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first u period of the trading session

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here there's not really so much

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difference. you know, it's kind of equal

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in terms of how many shares that he

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accumulates

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and that kind of fits well within the

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price being very closely tied together.

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We can kind of see here that the prices

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diverge a lot around here and this is

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where he kind of buys up and the same

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here and then around the middle of the

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session is kind of where you know it's

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hard to draw any real conclusions but

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the price does start to diverge

10:00

here a lot and I don't know maybe it

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kind of looks like we are getting a

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higher you know spread between the up

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and down outcome in terms of how many

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shares that he has accumulated. ated.

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See here like here we have more red than

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green compared to the the previous

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period and then when we cross around

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around here can you see it? Yeah, you

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can. The spread becomes even greater and

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that kind of fits within

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spread of the prices. So so it seems

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like the more difference in you know in

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price the same goes with with with like

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the amount of shares that he's

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purchased.

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I don't know. Can we use this for

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anything? I'm not sure. Um but um I'll

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I'll keep keep looking at this a little

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bit more and um see if I can find some

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more

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at least find some better conclusions

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than this. But I think for sure we can

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conclude that it's very directional bias

11:00

strategy that he's using. He's basically

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trying to predict in some way but but

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not to the extent where he knows for

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sure in the beginning of the trading

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session that oh yeah it will become down

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but he has a an assumption and then his

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trading bot just recalculates and

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accumulates the shares as data comes in

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somehow.

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So yeah, that's what I wanted to show

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you in this video. And if you have the

11:29

same interest as me in analyzing this

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guy, please leave your

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ideas down below and we can try to

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figure this out together and make a

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trading bot that can make us how much is

11:41

it again?

11:43

make us 200,000

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239,000

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weekly

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591,000

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monthly all time. I mean, it's just

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crazy.

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So, yeah, that's it. Hope you enjoyed it

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and I will try to keep you posted on my

12:01

next video about this poly market

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trading bot. See you next time.

Interactive Summary

Ask follow-up questions or revisit key timestamps.

The video analyzes the "infamous account 8888" on Polymarket, which has gained significant attention and accumulated over $239,000 in profit in the last week. The speaker initially theorized the account was using an arbitrage and hedging strategy, but after further data analysis, concluded that the bot is actually "very directional" in its trades. The bot initiates trades very early in 15-minute markets (within 5-7 seconds), performs a high volume of trades (over 1000 per 15-minute window), and deploys substantial liquidity. While the exact method for determining trade direction remains a mystery, it's suggested the bot uses an assumption-based strategy that recalculates and accumulates shares as new data arrives, possibly from external, faster data sources.

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