Crypto
Polymarket traders: 84 percent fail to make profits
About 84.1 percent of traders on prediction-market platform Polymarket failed to make profits, an analysis showed. Fewer than 1 in 6 traders were profitable, down from about 40 percent two years ago, as new users joined around the November 2024 U.S. election, the analyst said. Profits were concentrated at the top, with less than 0.04 percent of wallet addresses taking more than $3.7 billion, or over 70 percent of realised gains.
