Cryptocurrency traders are not betting on the U.S. gaining control over Greenland — a semiautonomous territory within Denmark that President Donald Trump has long coveted.
Odds Tumble After January Spike
Odds in favor of the contract titled “Will Trump acquire Greenland before 2027?” have collapsed to 6% on Polymarket, down from 21% in mid-January.
Over $34 million has been wagered on the bet, among the highest on the Polygon (CRYPTO: POL)-based platform currently.
An official declaration from the U.S. and Denmark confirming that sovereignty over Greenland will pass to the U.S. will suffice, regardless of when the actual handover happens.
