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Graham Platner's chances of dropping out skyrocket to 94% after party revolt: Kalshi

Traders on prediction market Kalshi are piling into wagers that Maine Democratic Senate candidate Graham Platner will drop out of the race by next week.The contract on whether Platner will drop out before July 14 soared to 94 cents Tuesday morning from the previous single digits, implying traders now assign a roughly 94% probability to his impending exit. The trading volume, or the total dollar amount wagered on this market, sits just north of $4.4 million. While prediction markets don't determine political outcomes, the surge in betting reflects a growing belief among traders that Platner's c...