Trader Bets on Republicans Winning the Midterms; 5 Positions Show About $624,800 in Unrealized Losses

TechFlow reported on November 4, citing Lookonchain monitoring, that five prediction market positions by a trader betting on Republicans winning the 2026 U.S. midterm elections were all showing unrealized losses, totaling about $624,800.

An accompanying image showed that the position betting on Republicans winning the Texas Senate race had an unrealized loss of about $380,300, while the position betting on Republicans taking control of both chambers of Congress had an unrealized loss of about $158,700.

Source: TechFlow