Analysis: 84% of traders on Polymarket are in a loss position
According to ChainCatcher, citing The Defiant, independent on-chain analyst Andrey Sergeenkov’s latest research found that 84.1% of traders on Polymarket are in a loss-making position.
The report analyzed 2.5 million wallet addresses. Sergeenkov found that over the past year, only 2% of traders on the platform accumulated profits of more than $1,000, while only 0.033% (that is, 840 addresses) made profits of $100,000 on Polymarket.
“Most traders just come to trade for a period of time and then leave,” the report concluded. The study found that the probability of earning $5,000 per month declines each month. Among the 6,600 traders who averaged more than $5,000 profit per month, only 2.6% remained consistently active for more than one year.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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