Markets· ★★★· bearish·

Galaxy: 69% of Polymarket Retail Traders Lost Money

  • —69% of 2.9 million retail Polymarket accounts finished below break-even
  • —Aggregate retail losses reached $338.9 million
  • —Median retail account lost roughly $3
  • —Only 28% of specialists were profitable versus 30.4% of generalists
Why it matters: The findings question prediction markets' profitability for retail users as Polymarket and Kalshi face lawsuits in the US and South Korea.
Source: CryptoPotato
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