A Polymarket user identified as 0xafEe earned more than $1.19 million in the last month thanks to extremely accurate bets on search trends on Google, sparking strong suspicions of insider trading.
The trader, who previously operated under the name AlphaRacoon and later changed his user to 0xafEe, focuses its bets mainly on search trends on Googleas “the most searched person in 2025” or product launches, although it has also ventured into sports.
At the “most searched person on Google 2025” event bet for the “Yes” option of a singer named d4vd winning $200,000. Likewise, he invested in the “No” option against favorite candidates such as Donald Trump, Pope Leo XIV, Bianca Censori and Zohran Mamdani.
In November, 0xafEe accurately predicted the release date of Gemini 3.0, Google’s artificial intelligence model, and got 173,000 dollars in benefits before it was publicly announced.
0xafEe, in some cases, sell the shares before the final resolution of the market to ensure profits. For example, you buy at a low price and, when news increases the price, you liquidate the position without waiting for the official closing.
The accuracy of 0xafEe raised alerts in the community. “It’s one of the wildest things I’ve seen on the platform,” wrote Jeong Haeju—who is a user of Polymarket and other predictive markets—assuring that the bettor is a person who operates with inside information from the Google company, which would allow him to have such a level of success. According to him, it is “a Google employee who is exploiting Polymarket to make quick money.”
Polymarket is the largest prediction market in the digital asset ecosystem, where you bet on presidential elections, sporting events and other results, as explained by the CriptoNoticias Cryptopedia. Polymarket founder Shayne Coplan declared in November that insider trading is, in practice, permitted and even encouragedas it encourages revealing data to the market efficiently.