Suspected Jane Street quantitative bot profits nearly $360,000 on Polymarket high-frequency trading crypto "15-minute up or down guessing"

BlockBeats News, December 30th, according to crypto KOL @gemchangeltd, an address signed as “JaneStreetIndia” on Polymarket has accumulated nearly $360,000 in profit from high-frequency trading of the crypto asset “15-Minute Guess Up or Down.” @gemchangeltd 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. Subsequently, if volatility opportunities arise, the bot chooses a single direction. The 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.