Still only a small number of people profit! Over 66% of addresses lose—big profits in the Polymarket World Cup champion market are concentrated among a few traders
In Polymarket’s market for predicting the World Cup champion, among more than 194,000 independent trading addresses, nearly 130,000 addresses made incorrect predictions and incurred losses. Losses account for 66.7%. Of these, 114,000 addresses had losses within $100, with an average loss of under $10; 43 addresses lost more than $100,000, totaling over $15 million. On the winning side, most addresses that profited did so within $100, with average profits of under $5. Large gains mainly came from a small number of traders: 54 addresses earned more than $100,000, totaling over $22 million. $PFS.US
In Polymarket’s market for predicting the World Cup champion, among more than 194,000 independent trading addresses, nearly 130,000 addresses made incorrect predictions and incurred losses. Losses account for 66.7%. Of these, 114,000 addresses had losses within $100, with an average loss of under $10; 43 addresses lost more than $100,000, totaling over $15 million. On the winning side, most addresses that profited did so within $100, with average profits of under $5. Large gains mainly came from a small number of traders: 54 addresses earned more than $100,000, totaling over $22 million. $PFS.US