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More: https://www.gate.io/announcements/article/43515
Only 12.7% of encryptionWalletAddress on Polymarket are profitable.
According to data from on-chain analysis tool Layerhub on October 9, out of 171,113 encryptionWalletAddress on Polymarket, 149,383 (87.3%) have not made profits. 21,730 wallets have confirmed profits, accounting for 12.7% of all participating encryptionWallets. Among the profitable wallets reported, only 2,138 users earned more than $1,000, with most profits ranging from $0 to $100. Polymarkets has facilitated about 10.8 million prediction transactions. During October 6th to 8th, the daily recorded volume of the company exceeded 300,000 transactions, which can be attributed to current world events such as ongoing conflicts between countries and the upcoming U.S. presidential election.