Smart money holds the underdog side
Most tracked traders hold Up, while the market favors Down (59%). 1 of 1 traders hold an outcome priced under 50%.
Ethereum Up or Down - November 4, 2:10PM-2:15PM ET
Positions of the top Polymarket traders in this market
⚖️
Neutral
Up
1
Up 100%
$1.79
-$1.63
Research grade
NeutralUp at 41%
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 %).
- Fewer than 5 holdersEvery backtest needed 5+ holders; with fewer nothing was measured.
- Side priced 30–50¢Full year, out of sample: 0.30–0.50 lost −4.8 % a trade (n 16,830, 95 % CI −6.6 to −3.1), worse than the plain consensus.
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
1 of 1 top traders (100%)Underdog side (market favors Down 59%)1 holds an outcome priced under 50%1 small position dimmed (<$100 invested)
Outcome Probabilities
Smart Money Breakdown by Outcome
| Trader | Position | Invested | Value | PnL | Record |
|---|---|---|---|---|---|
0X 0x50f7CTR<$100 | Upavg 2.9¢ | $1.63 | $1.63 | -$1.63 | 59% 63884-45002 (108886) |
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EV Calculator
Consensus % is how many tracked traders hold a side, not a win probability.
41.1¢ price + 1.0¢ spread + 1.7¢ fee (Crypto 7%). Win more often than this and the bet pays.
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.