TechFlow reported on October 9, according to Cointelegraph, citing the latest data from on-chain analytics tool Layerhub, showing that only 12.7% of user wallets on the decentralized prediction market platform Polymarket have realized profits. Out of 171,113 crypto wallets that participated in trading, 21,730 have confirmed gains, with just 2,138 wallets earning over $1,000, around 7,400 wallets making between $100 and $1,000, and the majority of profitable wallets earning between $0 and $100.
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