ChainThink report, December 30: According to crypto KOL @gemchange_ltd, the address labeled "JaneStreetIndia" has engaged in high-frequency trading on Polymarket's crypto asset "15-Minute Up/Down Guess," accumulating profits nearing $360,000.

@gemchange_ltd posits that this address is operated by a bot developed by the renowned quantitative trading firm Jane Street. According to their analysis, the account typically places dual-directional predictions and only bets when the total cost is below $1. For example, a bullish prediction at 48 cents and a bearish prediction at 46 cents, totaling 94 cents. After market settlement, one of the two legs yields a payout of $1. Subsequently, if volatility presents an opportunity, the bot selectively chooses a single direction.

The account has now been renamed to "Account88888." Statistics show that this address has profited on 23 out of the past 25 days, with daily profits averaging between $5,000 and $33,000.