Analyzing Polymarket Account88888 – Trading Bot Generating $500K+ Monthly
275 segments
Okay, so I have been trying to analyze
our infamous account 8888
which is kind of going viral right now.
I think because it has so many views
like I think I I mentioned this account
yesterday with where it had like around
60,000 views and now it's like doubled
to more than 115,000 views on on this
account alone.
Let me just uh refresh it one more time
and we can see how much profit he made
today. So today uh 1,500 and then the
last week he has made $239,000
and um yesterday I did some I think it
was yesterday where I posted a video
about my theory about this account and
how he did it. And I have now come to
the conclusion that some of the things I
said was not correct. So I thought and
this is also what other people have been
talking about on on X is that he's
basically arbitrageing
and um you know hedging all his bets.
You know he's trying to you know make
bets where the the the total size of his
trades is um below $1. So he's like not
directional in his trade. he just takes
both sides and makes a money on the
spread or something like that. Now today
I have been trying to look a little bit
more into his data because you can on
poly market get all the data almost for
example we can um go to the data API
poly market and we can get the activity
of certain markets
for example here this market here with
this user and this user here I know you
can't probably see it but this is our
infamous account 88888
and um I I've done a few um
few di diagrams here with the help of
some vibe coding and I've analyzed some
of the the 15-minute markets. I only
done five markets now and this is from
4th of January
and I'm probably going to continue work
on this a little bit more and let you
know. But so so what I've discovered is
so if you look at this chart here, this
shows the total amount amount of shares
that he has during the trading session
of a 15-minute market. You can see here
how he starts of course at at zero and
then the timestamps down here is
actually not true. Um but the data is is
is correct. So on average the first
trade he does on a 15minute market is
like within the first 5 to 7 seconds.
And what I've seen only on these five
markets is that he's very
uh directional in his trades. So, you
can see here how he buys um the down
shares quite aggressively in the start
up to 5,000 shares and then it kind of
stagnates and then he buys again. He
also buys on the upshares.
But you can see here how it's for sure
it has a directional bias but not to
such an extent that he only takes one of
the sides.
And if you take that another market
here, it's it's very similar but with
some change. You could see how he's very
aggressive in the beginning to buy up
the shares and then he does it um a
little bit on the up shares as well. You
know, like the the market will resolve
to up uh just to clarify and then it's
kind of stagnates and then he kind of
adds on to his positions. And this is
something I mentioned the other video
that I believe that he would add on to
his positions. But but my theory was
that he would try to make sure that the
average cost of both sides would be less
than a dollar to lock in a sure profit.
But this is actually not the case
because when we aggregate all the shares
and how much he's paid for the shares
often it it's actually more than um uh
the average is actually more than $1. So
so he's actually very directional in his
his trading.
And now for the five markets so far and
keep in mind this five markets is only 1
hour and 15 minutes. So there's a lot of
data. Um
he's very much uh he start to trade on
the down and and I don't know maybe he
has some kind of a metric in his system
where he just before the market starts
he he already have a bias towards a a
direction or not
and then of obviously he there's some
triggers and we don't really know this
and this is what I'm trying to figure
out and I still don't know it how he
determines the direction of the price.
It could be from a you know an external
source somewhere. Maybe he has a data
source that's faster and then when he
can see that the price has gone up on
Bitcoin then he buys uh shares very fast
and um you know explosively because it
is a lot of trades that he does. So I've
analyzed the amount of trades that he
does. So, for example, if you if you see
here the the the first market, the 15
minute here, that's 4th of January from
11:30 to 11:45
p.m. He's done a total of 189 trades in
that duration. So, 189 actual fulfilled
trades, which is uh 16 and a half
fulfilled trades uh per minute, but his
activity is actually more than that. So,
he does a trade, but not all of them
gets fulfilled. he does more than a
thousand trades in a 15-minute period
window. So, it's like all the time he
does a trade. You can see here also from
this data that that for this specific
market, he has deployed around $18,000
uh dollars in in in liquidity to the
market where he just buys all the the
different sides and his positions is
like from a few dollars to a couple of
hundred. And if you times that with
almost 200 trades, well, it adds up. and
his um return is crazy you know like for
this one is 75% return but of course
some of them is not doesn't give a
return
and uh we also have to consider on these
15-minute market there is a fee
structure which I also mentioned in the
previous video where you pay uh actually
up to one and a half% in fees in the
middle of the market where you know like
if the price is around uh half a dollar
and then if you go towards the edges
just like where the price is like maybe
90 cents or 10 cents, then you pay a
much smaller fee.
And um and it doesn't seem like he he he
cares about that. Like he just do does
the trades no matter when in the in the
time. It starts very early and then he
uh he stops uh like a few minutes before
the market closes.
And um if you take the third trade here,
it's the same. He has like a bias
towards the red one specifically and
then it just accumulates it. Um, and if
you take the next one here, again, the
red one, I don't know if he uses the
outcome of a previous market to
determine his direction in the next
market. Now, when I've analyzed these
five markets, it does seem like he takes
the direction of the outcome of the
previous market. But I don't know if
this is just a coincidence because it is
only five markets that I've analyzed. uh
at this moment
and you can see here this is the only
market of the five that I've analyzed
that he has a bias towards the up shares
the up outcome
um but very like not aggressive like the
other you can see how he starts by just
putting a little bit and um but again
very early in the in the trading session
and then he you know here he adds a lot
to the the the down outcome and then
just adds to the position and then it
actually flips down here uh up here
sorry um again but again it's it's a big
mystery how he actually does it right
and I've not really been become any
smarter on on how he uh determines you
know what to buy and when but we know
for sure that it's not like an arbitrage
he's trying to do at least that's my
conclusion maybe you can try to draw
your own conclusion or if you have a
different opinion you can try to put a
comment down below and see if we can
figure this one out because this is uh
crazy. Now, this chart here is maybe a
little bit hard to read and I don't know
if we can use this to conclude anything.
But what I found interesting with this
chart is if we look at the these lines
here, the dotted lines, this is the
total amount of shares you have on the
up and down outcomes. up being the green
and red being down outcome. And then
here I measured I mean I mean I just
recorded the price of the shares and you
can see how when accumulates during the
first u period of the trading session
here there's not really so much
difference. you know, it's kind of equal
in terms of how many shares that he
accumulates
and that kind of fits well within the
price being very closely tied together.
We can kind of see here that the prices
diverge a lot around here and this is
where he kind of buys up and the same
here and then around the middle of the
session is kind of where you know it's
hard to draw any real conclusions but
the price does start to diverge
here a lot and I don't know maybe it
kind of looks like we are getting a
higher you know spread between the up
and down outcome in terms of how many
shares that he has accumulated. ated.
See here like here we have more red than
green compared to the the previous
period and then when we cross around
around here can you see it? Yeah, you
can. The spread becomes even greater and
that kind of fits within
spread of the prices. So so it seems
like the more difference in you know in
price the same goes with with with like
the amount of shares that he's
purchased.
I don't know. Can we use this for
anything? I'm not sure. Um but um I'll
I'll keep keep looking at this a little
bit more and um see if I can find some
more
at least find some better conclusions
than this. But I think for sure we can
conclude that it's very directional bias
strategy that he's using. He's basically
trying to predict in some way but but
not to the extent where he knows for
sure in the beginning of the trading
session that oh yeah it will become down
but he has a an assumption and then his
trading bot just recalculates and
accumulates the shares as data comes in
somehow.
So yeah, that's what I wanted to show
you in this video. And if you have the
same interest as me in analyzing this
guy, please leave your
ideas down below and we can try to
figure this out together and make a
trading bot that can make us how much is
it again?
make us 200,000
239,000
weekly
591,000
monthly all time. I mean, it's just
crazy.
So, yeah, that's it. Hope you enjoyed it
and I will try to keep you posted on my
next video about this poly market
trading bot. See you next time.
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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