
Ethereum Up or Down - November 11, 5AM ET
2 of 4 top Polymarket traders hold Up (50%) · Up at 89¢ · $780 held · ends Nov 11
⚖️
Neutral
Up
4
Up 50%
1 arb excluded
$780.43
-$59.66
71.3¢ → 88.5¢
+24% since entry · 2 traders
Research grade
NeutralUp at 89%
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 %).
- Consensus under 60 %Every backtest started at 60 %+ of the holders; below that nothing was measured.
- Favourite (60–95¢)Full year, out of sample: 0.70–0.90 lost −0.9 % a trade (n 26,050, 95 % CI −1.5 to −0.3): the least bad band, still a loss. The Oct 22 backtest's +0.4 % (n 4,327) was not confirmed.
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
2 of 4 top traders (50%)1 arbitrage trader dimmed2 hold an outcome priced under 50%3 small positions dimmed (<$100 invested)
Outcome Probabilities
Smart Money Breakdown by Outcome
| Trader | Position | Invested | Value | PnL | Record |
|---|---|---|---|---|---|
0X 0xb55fa1296E6ec55D0cE53d93B9237389f11764d4-1777575277609 | Upavg 75.1¢ | $597.95 | $495.65 | -$85.6 | 51% 978-934 (1912) |
![]() Polkadot-FrogARB<$100 | Downavg 29.9¢ | $201.79 | $223.69 | +$53.28 | 53% 898-799 (1697) |
| └ Up leg | Upavg 38.4¢ | $77.67 | $175.18 | +$112.21 | |
| └ Down leg | Downavg 29.9¢ | $107.44 | $48.51 | -$58.93 | |
EA Eager47259<$100 | Upavg 27¢ | $11.88 | $34.76 | +$22.88 | 40% 49-72 (121) |
PL ply-pm2CTR<$100 | Downavg 41.5¢ | $15.82 | $19.24 | +$3.42 | 53% 999-884 (1883) |
AN Anon455CTR<$100 | Downavg 14.2¢ | $7.45 | $7.09 | -$0.36 | 45% 175-218 (393) |
Invested
$597.95
Value
$495.65
PnL
-$85.6
Record
51%
978-934 (1912)
Polkadot-FrogARB<$100Invested
$201.79
Value
$223.69
PnL
+$53.28
Record
53%
898-799 (1697)
Both legs:
Invested
$11.88
Value
$34.76
PnL
+$22.88
Record
40%
49-72 (121)
Invested
$15.82
Value
$19.24
PnL
+$3.42
Record
53%
999-884 (1883)
Invested
$7.45
Value
$7.09
PnL
-$0.36
Record
45%
175-218 (393)
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EV Calculator
Consensus % is how many tracked traders hold a side, not a win probability.
88.5¢ price + 1.0¢ spread + 0.7¢ 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.