[Suspected Jane Street Quant Bot Engages in High-Frequency Trading on Polymarket's Crypto '15-Minute Price Prediction,' Profiting Nearly $360,000] BlockBeats news, December 30: According to crypto KOL @gemchange_ltd, an address signed as 'JaneStreetIndia' has been engaging in high-frequency trading of crypto assets on Polymarket's '15-Minute Price Prediction' and has accumulated nearly $360,000 in profits. @gemchange_ltd believes that this address is operated by a bot developed by the renowned quantitative trading firm Jane Street. Based on their analysis, the account often predicts both directions simultaneously and only places bets when the total cost is below $1. For example, a prediction for an upward trend costs $0.48, while a downward trend costs $0.46, totaling $0.94. After market settlement, one of the lines pays out $1. Subsequently, if volatility opportunities arise, the bot selects a single direction. The account has now been renamed 'Account88888.' Statistics show that the address has been profitable on 23 out of 25 days, with daily profits ranging from $5,000 to $33,000.