Data: 70% of traders on the Polymarket platform are losing, while the top 0.04% of addresses account for 70% of the profits

According to CryptoNews, data from blockchain analysis company DeFi Oasis shows that among the more than 1.7 million trading addresses on Polymarket, about 70% of the addresses incurred losses, while only 30% of the addresses realized profits.

The survey results indicate that less than 0.04% of the addresses accounted for over 70% of the total realized profits, totaling $3.7 billion.

The most profitable traders received returns between $0 and $1,000, making up 24.56% of all addresses, but only accounting for 0.86% of the total profits. Those who earned more than $1,000 needed to be among the top 4.9% of participants.