CryptoStan

A polymarket trader “LlamaEnjoyer” scored a near 100x return after a brief UFC announcing error created a rare arbitrage opportunity. When announcer Bruce Buffer initially called the wrong winner in a heavyweight bout, odds on Tyrell Fortune briefly dropped to one cent. Spotting the mistake in real time, the trader quickly bought $676 worth of shares at the discounted price before the decision was corrected moments later. The reversal confirmed Fortune as the winner, sending the position’s value to over $67,000. The incident highlights how fast prediction markets can react to live information, with prices swinging sharply on misinformation and corrections. It also underscores the rising influence of platforms like Polymarket, which are seeing rising participation across sports, politics, and financial events.