Beet420's Polymarket bet turns into a $274.5K loss
Beet420's $274,540 NO position resolved against the wallet, leaving an estimated $274,540 loss.
A whale position tracked by Polywhale has resolved as a loss. Beet420 held NO on Spurs vs. Timberwolves, while the market resolved to YES.
The original BUY trade was sized at $274,540 and was entered at 35c. The resolved outcome was recorded at May 16, 2026, 04:49 AM UTC.
For BUY trades, Polywhale estimates realized P/L as payout minus entry cost. This article covers the resolved trade outcome and does not infer the trader's broader portfolio or motive.
Readers can use the linked wallet, market, and transaction sources to inspect the public record behind the article when those links are available.
This story was generated from public Polymarket trade and resolution data tracked by Polywhale, with deterministic fact checks before publication.
Sources
Canonical URL: https://www.polywhaletrades.com/news/beet420-loses-274-5k-may-16-2026-deef8904