Signed as "JaneStreetIndia," high-frequency trading on Polymarket's crypto "15-minute guess rise or fall," profit nearly $360,000

On December 30, according to crypto KOL @gemchange_ltd, an address signed as “JaneStreetIndia” on Polymarket’s high-frequency trading crypto asset “15-Minute Guess Up or Down” has accumulated nearly $360,000 in profit. @gemchange_ltd believes that this address is a bot developed by the well-known quantitative trading firm Jane Street. According to their analysis, this account often makes bidirectional predictions simultaneously and only places bets when the total cost is below $1. For example, an upward prediction at 48 cents, a downward line at 46 cents, totaling 94 cents. After market settlement, the odds for one of the lines are 1 dollar. If volatility opportunities arise later, it then chooses a single direction. This account has now been renamed “Account88888.” Statistics show that this address has been profitable on 23 out of 25 days, with an average daily profit ranging from $5,000 to $33,000.