Analysis: BSC prediction market suffers heavy losses, with daily trading volume and open interest dropping significantly

PANews reported on March 3 that researcher defioasis.eth analyzed on the X platform that the BSC prediction market suffered a major setback: daily trading volume dropped by nearly 60%, falling from over $94 millions on March 1 to $38.3 millions on March 2. Among them, Probable experienced the largest decline, dropping from $58.8 millions to $10.02 millions. In addition, there has been a continuous large net outflow in positions: over the past three days, the total net outflow of positions exceeded $94.6 millions, with Opinion seeing the largest net outflow of more than $86.5 millions. The overall position level of the BSC prediction market has decreased to just above $57 millions, with Opinion accounting for about 70% of the share.