Large BTC Move Sparks Huge Polymarket Bet on Spain

A single crypto wallet recently pulled 31 BTC from the Wasabi wallet service. This large move caught the eye of market trackers because the funds were quickly redirected to place a bet on Polymarket.

The trader placed a 1.16 million dollar position backing Spain to win the upcoming World Cup. On chain data confirms the flow of assets from the privacy focused wallet to the betting platform shortly after the withdrawal.

This move stands out due to its size and the clear intent behind the capital rotation. Traders are watching to see if this represents a confident bet on a specific outcome or just one whale testing their luck with decentralized prediction markets.

Keep an eye on whether other large wallets follow this pattern as the tournament approaches. High stakes betting on crypto platforms often draws extra attention to specific assets and the liquidity flowing into these prediction pools.