How This Crypto Influencer Won a $200K Bet by Predicting the Bitcoin Crash

In brief

  • Two crypto influencers made a bet on Bitcoin’s next move: pump to $120,000 or dip to $100,000.
  • Both put up $100,000 each, which was held in escrow by Myriad, with a prediction market running alongside it.
  • Over the market’s 23-day lifespan, the odds of victory flipped nine times, with Keyboard Monkey ultimately taking the victory.

A bearish crypto influencer known as Keyboard Monkey won a $200,000 bet by predicting Bitcoin’s recent crash, following a 17% monthly collapse that saw it dip below $100,000 for the first time in six months. 

Keyboard Monkey’s victory came thanks to a bet with fellow influencer Mando that Bitcoin would drop to $100,000 before it could hit $120,000. Myriad—a prediction market developed by…

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