An analysis of 1.6M Polymarket accounts since November 2022: 0.1% of users take 67% of profits, with the highest-frequency traders seeing the most success (Wall Street Journal)
An analysis of 1.6 million Polymarket accounts since November 2022 reveals that 0.1% of users captured 67% of the platform's profits. The most successful traders were those with the highest trading frequency. The findings highlight significant disparities in earnings among users on the prediction market platform.
- ▪An analysis covered 1.6 million Polymarket accounts from November 2022 onward.
- ▪Only 0.1% of users accounted for 67% of the total profits on Polymarket.
- ▪The highest-frequency traders were the most successful in generating profits.
- ▪The data underscores a concentration of gains among a small fraction of users.
- ▪The Wall Street Journal reported on the findings of the Polymarket analysis.
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