POPA Recon67% of Polymarket profits goes to just 0.1% of accounts, while most traders are in the red
67% of Polymarket profits goes to just 0.1% of accounts, while most traders are in the red That means less than 2,000 accounts netted a total of nearly half a billion dollars. The Journal analyzed 1.6 million Polymarket accounts that have traded since November 2022. There are at least 2.3 million total accounts on the site. https://www.wsj.com/finance/investing/polymarket-kalshi-betting-profits-prediction-markets-eb23ac11?mod=e2li
The excerpt is quoted from a public Telegram channel, which owns its text.