According to PANews, the majority of players on Polymarket are losing money, while a very small group is earning nearly all the profits.
Specifically, out of approximately 1.7 million addresses that have participated in Polymarket: - Only 30% are in profit - About 70% are in loss More notably, only 0.04% of addresses (a very small group) have earned over 70% of the total profit, equivalent to $3.7 billion. Conversely, most of the losers have lost less than $1,000, but there are still more than 140 people who lost over $1 million. #JapanToRaiseInterestRatesInMid-to-lateDecember
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According to PANews, the majority of players on Polymarket are losing money, while a very small group is earning nearly all the profits.
Specifically, out of approximately 1.7 million addresses that have participated in Polymarket:
- Only 30% are in profit
- About 70% are in loss
More notably, only 0.04% of addresses (a very small group) have earned over 70% of the total profit, equivalent to $3.7 billion. Conversely, most of the losers have lost less than $1,000, but there are still more than 140 people who lost over $1 million.
#JapanToRaiseInterestRatesInMid-to-lateDecember