Two of the strongest defenses of the National Football League (NFL) battled it out at Levi's Stadium, Santa Clara, California, on Feb. 8, and the Seattle Seahawks beat the New England Patriots by an emphatic 29-13.
The annual league championship game of the NFL, the Super Bowl, is among the world's most-watched sporting events and frequently commands the largest audience among all American broadcasts during the year.
The Seahawks last won Super Bowl XLVIII in 2014. Head coach Mike Macdonald said,
"We were the better team; we're the best team. We loved each other, we believed in each other and now we're champions."
It turns out a crypto trader has made a profit of more than $1 million by correctly predicting the winner of the Super Bowl.
More News:
Polymarket trader nails Super Bowl winner prediction to make a $1 million profit
The on-chain analytics platform Lookonchain highlighted on Feb. 9 that a trader on the crypto-based prediction market Polymarket predicted that Seahawks would win the 2026 Super Bowl.
The trader redeemed $3.41 million today to make a profit of $1.07 million.
Sports-event contracts are not the only offering available on Polymarket. The platform lets traders predict events like future crypto prices, election results, government shutdowns, Federal Reserve policy, etc., by paying with cryptocurrency.
Launched in 2020, the New York City-headquartered Polymarket is the world's largest prediction market.
In October last year, the Intercontinental Exchange, Inc. (NYSE: ICE), the New York Stock Exchange owner, announced a strategic investment of up to $2 billion in Polymarket.
While it once faced regulatory hurdles in the wake of the 2024 U.S. presidential elections, the platform gained the approval of the Commodity Futures Trading Commission (CFTC) in September to go live in the U.S.
However, its regulatory troubles are far from over.
Polymarket's chief legal officer, Neal Kumar, revealed on Feb. 9 that the platform has filed a federal lawsuit against Massachusetts, arguing that Congress granted exclusive authority over event contracts to the CFTC rather than individual states.
Regulators in Nevada and Tennessee have also moved against platforms like Polymarket for offering sports-linked contracts.
Related: DOJ and CFTC close Polymarket probe amid regulatory shift
This story was originally published by TheStreet on Feb 9, 2026, where it first appeared in the MARKETS section. Add TheStreet as a Preferred Source by clicking here.
