Smart money holds the underdog side
Most tracked traders hold Up, while the market favors Down (100%). 4 of 13 traders hold an outcome priced under 50%.
Historically, consensus on sides priced under 40¢ lost money after costs.

Ethereum Up or Down - November 6, 7:55PM-8:00PM ET
4 of 13 top Polymarket traders hold Up (31%) · Up at 0.1¢ · $1K held · ended Nov 7
⚠️
Avoid
Up
13
Up 31%
1 arb excluded
$1.0K
-$62.83
56.7¢ → 0.1¢
-100% since entry · 4 traders
Research grade
AvoidUp at 0%
Matches a pattern that lost clearly more than the plain consensus in our tests.
- Consensus side under 30¢Full year, out of sample: 0.05–0.30 lost −8.1 % a trade (n 11,568), under 0.20 −20.5 % (n 3,615). Oct 22 backtest: −29.5 % (n 1,625). The strongest effect in every test.
- Consensus under 60 %Every backtest started at 60 %+ of the holders; below that nothing was measured.
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
4 of 13 top traders (31%)Underdog side (market favors Down 100%)1 arbitrage trader dimmed4 hold an outcome priced under 50%10 small positions dimmed (<$100 invested)
Outcome Probabilities
Smart Money Breakdown by Outcome
| Trader | Position | Invested | Value | PnL | Record |
|---|---|---|---|---|---|
UN uninformedflowwCTR | Upavg 63.6¢ | $430.09 | $338.12 | -$91.98 | 56% 77408-59804 (137212) |
PL ply-pm2CTR | Upavg 37¢ | $146.04 | $176.89 | +$30.84 | 51% 10526-9985 (20511) |
![]() pspspsps5ARB<$100 | Upavg 70.5¢ | $138.98 | $123.71 | -$15.27 | 46% 40118-48047 (88165) |
| └ Up leg | Upavg 70.5¢ | $80.2 | $81.9 | +$1.7 | |
| └ Down leg | Downavg 39.4¢ | $58.78 | $41.8 | -$16.97 | |
![]() MayorMamdani | Downavg 95.4¢ | $140.34 | $96.63 | -$43.71 | 55% 51661-42834 (94495) |
BL blue.birds<$100 | Downavg 76.8¢ | $76.91 | $79.69 | +$2.78 | 51% 12098-11574 (23672) |
AS asdcaxzCTR<$100 | Upavg 52.7¢ | $55.86 | $60.72 | +$4.86 | 47% 6557-7261 (13818) |
AN antsaslyku<$100 | Downavg 23.6¢ | $9.06 | $37.65 | +$28.59 | 65% 114590-61630 (176220) |
![]() OhioRiskManagementCTR<$100 | Upavg 73.7¢ | $20.02 | $21.88 | +$1.86 | 49% 80989-84429 (165418) |
MO mo-money<$100 | Downavg 77¢ | $14.63 | $18.99 | +$4.36 | 55% 52350-42822 (95172) |
AL almach<$100 | Downavg 77¢ | $14.01 | $18.18 | +$4.17 | 55% 50160-41769 (91929) |
![]() G-Penis-Monster<$100 | Downavg 79¢ | $18.51 | $17.57 | -$0.94 | 61% 46098-29272 (75370) |
AS asidjasiodja<$100 | Downavg 94.4¢ | $16.63 | $13.21 | -$3.42 | 61% 98614-62609 (161223) |
DR drfc4eybh7i8<$100 | Downavg 86.3¢ | $8 | $6.95 | -$1.05 | 65% 130293-70158 (200451) |
AS asdaefef<$100 | Downavg 88¢ | $5.82 | $6.61 | +$0.79 | 66% 130591-67529 (198120) |
Invested
$430.09
Value
$338.12
PnL
-$91.98
Record
56%
77408-59804 (137212)
Invested
$146.04
Value
$176.89
PnL
+$30.84
Record
51%
10526-9985 (20511)
pspspsps5ARB<$100Invested
$138.98
Value
$123.71
PnL
-$15.27
Record
46%
40118-48047 (88165)
Both legs:
MayorMamdaniInvested
$140.34
Value
$96.63
PnL
-$43.71
Record
55%
51661-42834 (94495)
Invested
$76.91
Value
$79.69
PnL
+$2.78
Record
51%
12098-11574 (23672)
Invested
$55.86
Value
$60.72
PnL
+$4.86
Record
47%
6557-7261 (13818)
Invested
$9.06
Value
$37.65
PnL
+$28.59
Record
65%
114590-61630 (176220)
OhioRiskManagementCTR<$100Invested
$20.02
Value
$21.88
PnL
+$1.86
Record
49%
80989-84429 (165418)
Invested
$14.63
Value
$18.99
PnL
+$4.36
Record
55%
52350-42822 (95172)
Invested
$14.01
Value
$18.18
PnL
+$4.17
Record
55%
50160-41769 (91929)
G-Penis-Monster<$100Invested
$18.51
Value
$17.57
PnL
-$0.94
Record
61%
46098-29272 (75370)
Invested
$16.63
Value
$13.21
PnL
-$3.42
Record
61%
98614-62609 (161223)
Invested
$8
Value
$6.95
PnL
-$1.05
Record
65%
130293-70158 (200451)
Invested
$5.82
Value
$6.61
PnL
+$0.79
Record
66%
130591-67529 (198120)
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EV Calculator
Consensus % is how many tracked traders hold a side, not a win probability.
0.1¢ price + 1.0¢ spread + 0.1¢ 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.
Market Info
Traders in this Market
uninformedfloww
CTRUp — $338.12
ply-pm2
CTRUp — $176.89

pspspsps5
ARBArbitrage — excluded

MayorMamdani
Down — $96.63
blue.birds
Down — $79.69
asdcaxz
CTRUp — $60.72
antsaslyku
Down — $37.65

OhioRiskManagement
CTRUp — $21.88
mo-money
Down — $18.99
almach
Down — $18.18