Polymarket Trader Turns $12 into Over $29,000 With 11 Straight BTC Predictions

A Polymarket trader, “ascetic0x,” has stunned the crypto community with unique trading moves. The trader surprisingly turned a $12 into more than $29,000 in less than two weeks. The feat was achieved by making 11 straight correct predictions in Polymarket’s short-term Bitcoin markets. 

The highlight of the streak culminated on November 30, 2025, when an $11,200 all-in wager paid out over $29,000. As of December 3, the trader’s verified portfolio stands at over $26,000 following partial withdrawals.

The Strategy Breakdown

The success of Polymarket depends on its binary outcome markets, which check results every fifteen minutes based on the BTC/USD price from Binance and Coinbase. Traders buy “Yes” or “No” shares at prices between $0.01 and $0.99. Winning bets pay $1.00 at settlement. Ascetic0x started on November 18 with a $12 deposit. 

Public blockchain records show that the account grew from $12 to $24, then $40, $120, $1,200, $4,800, and finally $11,200 before the decisive eleventh trade. The final winning position purchased “Yes” shares at approximately $0.43, yielding a 2.3× return when Bitcoin closed higher in that interval. The outcome resulted in a 2.3-fold return when Bitcoin’s price closed at a higher value.

The trader focuses on carefully analyzing market data to make trading predictions. They rely on real-time technical analysis, a close look at order-book depth, and imaginative interpretation of funding rate signals. This approach shows that their success comes from careful planning, not luck.

The Broader Impact

The trading achievements occurred during a disturbing period of high volatility in late November. During this period, Bitcoin prices fluctuated between $89,000 and $97,000 amid widespread uncertainty about U.S. interest rate policy. Remarkably, during this time, Polymarket saw significant trading activity, with volumes exceeding $1.1 billion in November alone.

The increase in trading was mainly because its clear trading structure allows users to see transactions happening in real time. Despite many trading patterns looking aggressive in 2025, ascetic0x stands out for its impressive 100% reinvestment rate and excels at making quick trades. These accomplishments are impressive among verified trading accounts.

Meanwhile, an anonymous crypto trader suffered a significant loss during this period. The trader had bet against Bitcoin and other major cryptocurrencies during a mid-November drop. However, a sudden rebound closed out their position, triggering a broader short squeeze. This resulted in the trader suffering a staggering $168 million loss on Hyperliquid.

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