Smart Money Bets $530,000 on Knicks Victory in NBA Playoffs

A smart money investor has placed a $530,000 bet on the New York Knicks defeating the Cleveland Cavaliers in Game 4 of the NBA Eastern Conference Finals, according to Odaily. The investor, identified by the address 0x9f2fe025f84839ca81dd8e0338892605702d2ca8, opened the position at an average price of 54.4¢, currently facing an unrealized loss of $8,700. The game commenced at 8 a.m. UTC+8, with the Knicks leading the series 3-0. The Knicks' starting lineup includes Hart, Anunoby, Towns, Bridges, and Brunson, while the Cavaliers feature Strus, Mobley, Allen, Mitchell, and Harden.