
Ethereum Up or Down - November 12, 3PM ET
5 of 8 top Polymarket traders hold Up (63%) · Up at 86¢ · $2K held · ends Nov 12
⚖️
Neutral
Up
8
Up 63%
2 arb excluded
$1.7K
-$5.35
68.9¢ → 85.5¢
+24% since entry · 5 traders
Research grade
NeutralUp at 86%
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 %).
- 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
5 of 8 top traders (63%)2 arbitrage traders dimmed3 hold an outcome priced under 50%6 small positions dimmed (<$100 invested)
Outcome Probabilities
Smart Money Breakdown by Outcome
| Trader | Position | Invested | Value | PnL | Record |
|---|---|---|---|---|---|
QU QuantumPebble673ARB<$100 | Upavg 50¢ | $500 | $560 | +$60 | — |
| └ Up leg | Upavg 50¢ | $250 | $295 | +$45 | |
| └ Down leg | Downavg 50¢ | $250 | $265 | +$15 | |
BY ByteBadger92ARB<$100 | Downavg 50¢ | $505.2 | $493.92 | -$4.43 | 56% 2444-1918 (4362) |
| └ Up leg | Upavg 50¢ | $244.85 | $288.92 | +$44.37 | |
| └ Down leg | Downavg 50¢ | $250.2 | $205 | -$48.8 | |
0X 0xb55fa1296E6ec55D0cE53d93B9237389f11764d4-1777575277609 | Upavg 77.8¢ | $496.65 | $392.25 | -$97.11 | 50% 1950-1946 (3896) |
0X 0xe3EeB127d5763a6E4aD597f773F9d259C94d5176-1780742904507<$100 | Upavg 29.5¢ | $47.84 | $91.49 | +$93.69 | — 5-5 (10) |
![]() Polkadot-Frog | Upavg 74.4¢ | $102.58 | $73.33 | -$3.83 | 52% 1443-1311 (2754) |
AA aaa221<$100 | Upavg 68¢ | $51.34 | $53.79 | +$5.74 | 60% 2502-1683 (4185) |
PL ply-pm2CTR<$100 | Downavg 52.5¢ | $16.67 | $13.03 | -$3.64 | 54% 1661-1410 (3071) |
0X 0x424eb20Fcd25113e3b98f42522A54580350b263b-1774330621025CTR<$100 | Downavg 50¢ | $3 | $3.18 | +$0.18 | 47% 1391-1589 (2980) |
PE peepeepoopoo24CTR<$100 | Downavg 53¢ | $3.04 | $2.36 | -$0.69 | 48% 656-701 (1357) |
38 38791873984189<$100 | Upavg 48.7¢ | $1.44 | $1.75 | +$0.31 | 48% 2298-2502 (4800) |
Invested
$500
Value
$560
PnL
+$60
Record
—
Both legs:
Invested
$505.2
Value
$493.92
PnL
-$4.43
Record
56%
2444-1918 (4362)
Both legs:
Invested
$496.65
Value
$392.25
PnL
-$97.11
Record
50%
1950-1946 (3896)
Invested
$47.84
Value
$91.49
PnL
+$93.69
Record
—
5-5 (10)
Polkadot-FrogInvested
$102.58
Value
$73.33
PnL
-$3.83
Record
52%
1443-1311 (2754)
Invested
$51.34
Value
$53.79
PnL
+$5.74
Record
60%
2502-1683 (4185)
Invested
$16.67
Value
$13.03
PnL
-$3.64
Record
54%
1661-1410 (3071)
Invested
$3
Value
$3.18
PnL
+$0.18
Record
47%
1391-1589 (2980)
Invested
$3.04
Value
$2.36
PnL
-$0.69
Record
48%
656-701 (1357)
Invested
$1.44
Value
$1.75
PnL
+$0.31
Record
48%
2298-2502 (4800)
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EV Calculator
Consensus % is how many tracked traders hold a side, not a win probability.
85.5¢ price + 1.0¢ spread + 0.8¢ 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
QuantumPebble673
ARBArbitrage — excluded
ByteBadger92
ARBArbitrage — excluded
0xb55fa1296E6ec55D0cE53d93B9237389f11764d4-1777575277609
Up — $392.25
0xe3EeB127d5763a6E4aD597f773F9d259C94d5176-1780742904507
Up — $91.49

Polkadot-Frog
Up — $73.33
aaa221
Up — $53.79
ply-pm2
CTRDown — $13.03
0x424eb20Fcd25113e3b98f42522A54580350b263b-1774330621025
CTRDown — $3.18
peepeepoopoo24
CTRDown — $2.36
38791873984189
Up — $1.75