The World Cup winner Polymarket attracted more than 194,000 unique addresses, but almost two-thirds ended up underwater.
The World Cup was closed when Spain beat Argentina 1-0 in the final on July 19. The data generated by the expert shows the amount paid among the few winners. At this point, most of the participants only recorded partial gains or losses.
Where World Cup Profits Went to Polymarket
About 130,000 addresses ended the market in the red, about 66.7% of all participants. However, most of the damage remained minor.
The total was 114,126 addresses Each lost less than $100, with a loss of about $10. On the other hand, 43 addresses lost more than $100,000, to drain together $15 million.
The profit side showed that shape. About 57,991 addresses earned less than $100 each, an average of $5. Big wins have not been rare in the market.
Only 54 addresses withdrew more than $100,000, including $22.3 million. The expert found five purses that each exceeded $1 million, including the 2012 Asparagus, Allezpapa, yamal19, the singularity is nearand wc26.
According to Arkham, asparagus2012 used 7 different accounts. The retailer made more than $7.4 million in World Cup markets and added those winnings to one address.
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Forecast Market Activity Freezes Before Football Season
The competition attracted traders in large numbers to the prediction markets, but the situation is stable. Interest in open spaces at Kalshi and Polymarket has declined as major sporting events fade from the calendar, according to Artemis. data.
Bernstein analyst Ian Moore expects a lull in August before the National Football League (NFL) season begins in September.
August is always a very light month for sports and culture books. And now the prediction markets as well… You have to wait until the NFL season starts in September to deal with this problem,” he said. he said.
The analyst also said that the week 1 slate is the starting point for the platforms. The coming weeks will test whether the prediction markets can lead to the World Cup audience being offered.
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A note 194,000 Addresses for Polymarket Global Market and Most Lost appeared for the first time BeInCrypto.
