Polymarket User Loses $1.23M Bet on Argentina Winning 2026 World Cup, Position Down 99.5%

According to lookonchain data monitored by BlockBeats, a Polymarket user (gud.hl) purchased 12.354 million shares betting on Argentina winning the 2026 FIFA World Cup at approximately 10 cents per share on July 20, investing about $1.23 million. As market expectations shifted, the position value has since fallen to around $6,177, marking a loss of approximately $1.223 million or 99.5% of the initial investment.
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