LeBron James Joining 76ers Predicted, Bettor Wins 400x, Trader Makes Nearly $100,000 in Single Trade

According to PolyBeats monitoring, LeBron James announced on social media on July 24 that he will join the Philadelphia 76ers next season, stating that this is his "final decision." Following the announcement, the probability on Polymarket of "LeBron joining the 76ers" instantly rose to around 100%. Since the establishment of this event in April, the total trading volume has exceeded $45 million.

In this prediction market for his joining the 76ers, the account that earned the most is BaseballBill: this trader profited $96.7k with an average price of 9 cents, achieving a 10x return;

If we calculate based on individual market profit multiples, prognosticatorofpraha invested $11 on July 26 at $0.003 and currently has a floating profit of $4,439, achieving a return of nearly 400x. This account has conducted over 2000 transactions since 2024, with a total loss of over $10,000;

In addition to regular traders, there are 3 accounts that have made over $1,000 in profit through this bet without any other transactions, namely nevermore., ronneybot, 0x96d2c.

On July 20, PolyBeats reported on the earlier circulating rumor of "LeBron's daughter transferring to a Pennsylvania school -> LeBron joining the 76ers -> the school transfer list photo being debunked by AI." It may still require further investigation whether there is a motive for "spreading AI-generated fake images -> suppressing the market's expectation of LeBron joining the 76ers -> boosting related prediction market odds."