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Ethereum Up or Down on October 31?

2 of 7 top Polymarket traders hold Up (29%) · Up at 71¢ · $4K held · ends Oct 31

Up71¢Down29¢Ends Sat, Oct 31, 2026View on Polymarket
SIGNAL

⚖️

Neutral

Up

Consensus Traders

7

Up 29%

1 arb excluded

Total Value

$4.4K

Combined PnL

-$49.84

Smart Money Entry

58.4¢ → 70.5¢

+21% since entry · 2 traders

Research grade

NeutralUp at 71%

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

Up

2 of 7 top traders (29%)1 arbitrage trader dimmed5 hold an outcome priced under 50%4 small positions dimmed (<$100 invested)

Market Activity
Loading chart data…

Outcome Probabilities

Up71%
Down30%

Smart Money Breakdown by Outcome

Up2 traders
Total Value$3.1K
Total Shares4,353
Combined PnL-$155.7
Down5 traders
Total Value$1.2K
Total Shares2,871
Combined PnL+$105.86
Up — 29%Down — 71%

Signal Intelligence

Momentum

Flat

+0 pts consensus

Breadth

2 traders

Top 2 hold 100%

Freshness

Fresh

0h old

Flip Quality

Clean

0 consensus flips

Breadth vs concentrationCrowded

29% of non-arb traders are on Up. Concentration is driven by the top two positions owning 100% of that side's value.

Cohort consensusHand-picked vs top 1000 · whales, sharps, snipers, contrarians
whaleDown 100% · 2
Diverging
sharpDown 67% · 3
Diverging
ctrUp 50% · 2
Aligned
Top 1000Down 71% · 7
Diverging

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EV Calculator

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

Break-even chance72.9%

70.5¢ price + 1.0¢ spread + 1.4¢ fee (Crypto 7%). Win more often than this and the bet pays.

Expected Value—
Expected ROIenter your estimate
Max Profit
+$37.12
Max Loss
-$100.00
Shares
137.1

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
0xb5578081...4559a0
Slug
ethereum-up-or-down-on-october-31-2026
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