The amount bet on Polymarket regarding Biden as the Democratic presidential candidate is close to 80 million US dollars

According to Polymarket data, six bets related to President Biden's identity as a Democratic presidential candidate total nearly 80 million US dollars (excluding specific bets related to the presidency). Of these, $51.5 million was bet on whether Biden would lead the Democratic Party and $27.5 million was bet on whether he would withdraw from the race. Earlier today, a Polymarket user who bet that Biden would win the Democratic presidential nomination, campaign and general election lost $2 million due to his withdrawal. Another user profited 6000% by betting that Harris would be nominated.