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Data: Suspected Arca-related wallet lost $100k on Polymarket

2026-06-04 09:44:33

Mars Finance reports that, according to Arkham monitoring, a wallet suspected to be associated with Arca incurred a loss of $100,000 on Polymarket. This Polymarket wallet had previously received a deposit from an Arca wallet and was signed by the Arca wallet; the Arca wallet spent $100,000 to buy YES in the market “Will Microstrategy sell BTC before May 31?” at an average price of 0.5 cents. The market settled to 0 at expiration.

ARCA-2.08%

POLYMARKET-5.56%

BTC-3.6%

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