Only 12.7% of crypto wallet addresses on Polymarket are profitable
2024-10-09 08:42:25
On-chain analytics tool Layerhub data shows that 149,383 (87.3%) of the 171,113 crypto wallet addresses on Polymarket are unprofitable. There are 21,730 wallets that have confirmed profitability, accounting for 12.7% of all participating crypto wallets. Of the wallets that reported profitability, only 2,138 users made more than $1,000, with the majority of profits in the $0-100 range.
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