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Smart money holds the underdog side

Most tracked traders hold Down, while the market favors Up (50%). 0 of 10 traders hold an outcome priced under 50%.

Ethereum Up or Down - November 1, 3:55PM-4:00PM ET

8 of 10 top Polymarket traders hold Down (80%) · Down at 50¢ · $395 held · ended Nov 1

Up50¢Down50¢Ended Sun, Nov 1, 2026View on Polymarket
SIGNAL

⚖️

Neutral

Down

Consensus Traders

10

Down 80%

Total Value

$394.88

Combined PnL

-$31.83

Smart Money Entry

84.9¢ → 50¢

-41% since entry · 8 traders

Research grade

NeutralDown at 50%

No measured edge, which here means a loss: the plain consensus (5+ holders, 60 %+, held to resolution) lost −3.0 % a trade after costs out of sample in the full-year test (n 86,296, 95 % CI −3.6 to −2.4 %).

  • Side priced 50–60¢Full year, out of sample: 0.50–0.70 lost −2.9 % a trade (n 23,546, 95 % CI −3.9 to −1.9).

The rules come from our Oct 22 2026 backtest (one entry per market, held to resolution, after a 1¢ half-spread and Polymarket's taker fees). Our full-year test without hindsight (Oct 26 2026) found none of them profitable out of sample, and the plain consensus lost −3.0 % a trade. The grade describes the market; it is not a forecast, not an edge and not advice.

Smart Money Signal

Down

8 of 10 top traders (80%)Underdog side (market favors Up 50%)8 small positions dimmed (<$100 invested)

Market Activity

Outcome Probabilities

Up50%
Down50%

Smart Money Breakdown by Outcome

Down8 traders
Total Value$392.55
Total Shares418
Combined PnL-$29.22
Up2 traders
Total Value$2.32
Total Shares65
Combined PnL-$2.61
Down — 80%Up — 20%

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EV Calculator

Consensus % is how many tracked traders hold a side, not a win probability.

Break-even chance52.7%

50.0¢ price + 1.0¢ spread + 1.7¢ fee (Crypto 7%). Win more often than this and the bet pays.

Expected Value—
Expected ROIenter your estimate
Max Profit
+$89.58
Max Loss
-$100.00
Shares
189.6

A market order pays the taker fee and crosses the spread (assumed 1.0¢); a limit order pays no fee but may not fill. The fee category is a guess from the title.

Market Info

Condition ID
0x5f4e0d7f...64e719
Slug
eth-updown-5m-1793566500
Trade on Polymarket