Over 130,000 Polymarket Traders Lost Money on World Cup Market, 66.7% Loss Rate on July 20

According to BlockBeats citing @defioasis data, on July 20, over 194,000 traders on Polymarket's World Cup winner prediction market saw nearly 130,000 addresses realizing losses, representing a 66.7% loss rate. Most losses were below $100, averaging under $10 per address, while 43 addresses lost over $100,000 each, totaling over $15 million in cumulative losses.

On the profit side, 54 addresses successfully profited over $100,000 each, collectively earning over $22 million, with most other profitable trades generating less than $100.