Two Polymarket traders lost nearly 10 million dollars in the sports market within a month
Foresight News reported, according to monitoring by Lookonchain, two Polymarket traders lost nearly $10 million in less than a month by placing large directional bets in sports markets with odds of around 50%. Among them, the address starting with 0x4924 made 346 predictions in 24 days, with a win rate of 46.24%, resulting in a loss of $5.96 million; bossoskil1 made 65 predictions in 11 days, with a win rate of 41.54%, resulting in a loss of $4.04 million.
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