During the midterm election vote counting period, three traders added $7.2 million in short positions across prediction markets and on-chain contracts.

November 4 - According to TradingBeats monitoring, as the U.S. midterm elections enter the vote-counting phase today, three traders active on both Polymarket and Hyperliquid collectively added approximately $7.2432 million in short positions across stocks, stock indices, and crypto assets today. Among them, two also invested about $377,600 in midterm-related predictions, while the other continued to increase long positions in crude oil while adding short positions.

frenchlaundry: Doubles down on Democratic victory predictions, simultaneously opens $1.8329 million Tesla short position

frenchlaundry today invested approximately $351,000 to buy midterm-related predictions, of which about $256,300 was bet on Democrats winning the Texas Senate seat, and another $37,500 was added to bet on Democrats controlling both the Senate and House.

Currently, the overall purchase cost of its prediction position for Democrats sweeping both chambers corresponds to a probability of 68.99%, the market price has risen to 99.45%, the position value is approximately $99,400, with unrealized profit of about $30,400. The average cost of the Texas Senate Democratic victory prediction corresponds to a probability of 83.28%, the current market price has risen to 99.6%, with unrealized profit of about $49,000.

The two predictions combined have unrealized profit of approximately $79,400.

On Hyperliquid, the trader today opened a new Tesla short position of approximately $1.8329 million, currently valued at about $1.774 million, with an average price of $394.32, and unrealized profit of about $58,900.

javaris: Continues betting on Democrats controlling Congress, HYPE short position expands to nearly triple the previous size

Another trader javaris today invested approximately $26,600, respectively buying predictions for Democrats controlling the Senate and the House, with corresponding probabilities of about 75% and 95% at the time of execution.

Currently, the market prices of the two predictions have risen to 99.45% and 99.85% respectively, with a combined valuation of approximately $29,900, and unrealized profit of about $3,300.

At the same time, the account today added approximately $483,300 in HYPE short positions, expanding the overall short position size to nearly triple the previous amount, currently valued at about $728,100, with unrealized profit of about $9,065.

The account also opened a new Tesla short position of approximately $57,200 and continued to increase ZRO long positions, with the existing ZRO long position valued at approximately $181,600.

xm39: Adds Nearly $4.87 Million in Stock Index and ZEC Short Positions, Continues to Boost Crude Oil Longs

Unlike the previous two, xm39 did not add new political prediction trades today, but instead concentrated on adjusting Hyperliquid positions.

The trader today opened approximately $3.0347 million in Nasdaq 100 index shorts and $1.0631 million in ZEC shorts, and added approximately $771,800 in S&P 500 index shorts, bringing the total new short exposure across the three to approximately $4.8696 million.

Currently, the total value of the above three short positions is approximately $6.2633 million, with a combined unrealized profit of approximately $114,300.

On the crude oil front, xm39 today also bought approximately $1.6423 million in WTI crude oil longs, bringing the overall position to approximately $1.6483 million at an average price of $95.605, with a small unrealized profit of approximately $711.

Their Polymarket account continues to hold approximately $171,200 in "US invades Iran before 2027" Yes predictions, with an average entry probability of 18.07%, and the current market price at approximately 18.5%.