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Have Fun With A Quiz in Gate Chat Group & Unlock Big Rewards!
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2026 starts with this post!Gate 2025 Year-End Gala Square TOP50 List Announced!
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Trader "beachboy4" lost over 2 million USD on Polymarket within 35 days
Deep Tide TechFlow News, on January 5th, according to Lookonchain monitoring, trader “beachboy4” lost over $2 million within 35 days on the prediction market Polymarket.
Data shows that this trader made 53 predictions with a win rate of 51%, a maximum single profit of $935,800, a maximum single loss of $1.58 million, and an average bet of about $400,000 each time. The largest loss came from a prediction of Liverpool’s victory, losing $1.58 million after buying the “Yes” option at $0.66.
Analysis indicates that this trader repeatedly placed large single bets in efficient markets based on public information such as NBA games and football matches, without employing risk management measures like early exit, partial profit-taking, or stop-loss.