Galaxy: 69.2% of Polymarket Retail Accounts Lose Money, With $338.9M in Aggregate Losses
Photo: ZyCrypto
A recent Galaxy Research analysis revealed significant losses among retail traders on Polymarket’s international platform. The firm found that 69.2% of roughly 2.9 million human-paced “retail” accounts finished below break-even. According to the report, these accounts posted aggregate losses totaling $338.9 million. “Out of retail accounts, 69.2% finished below break-even (unprofitable). In aggregate, the population is down $338.9m.The median retail account is down ~$3.00, and half the population falls between -$36.64 and +$0.40. These are amounts that wouldn’t change anybody’s life. As expected, the money is in the tails.
Source: ZyCrypto
