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2 of 4 top Polymarket traders hold No (50%) · No at 71¢ · $2K held · ends Apr 1, 2027
⚖️
Neutral
No
4
No 50%
1 arb excluded
$2.4K
$63.27
83.6¢ → 71¢
-15% since entry · 2 traders
Research grade
NeutralNo 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
2 of 4 top traders (50%)1 arbitrage trader dimmed2 hold an outcome priced under 50%
Outcome Probabilities
Smart Money Breakdown by Outcome
Signal Intelligence
Momentum
Building
+0 pts consensus
Breadth
2 traders
Top 2 hold 100%
Freshness
Late
626h old
Flip Quality
Choppy
15 consensus flips
50% of non-arb traders are on No. Concentration is driven by the top two positions owning 100% of that side's value.
| Trader | Position | Invested | Value | PnL | Record |
|---|---|---|---|---|---|
![]() PaddyAlphaARB<$100 | Noavg 76.5¢ | $816.62 | $855.23 | +$14.94 | 59% 978-672 (1650) |
| └ No leg | Noavg 76.5¢ | $682.84 | $659.92 | -$46.58 | |
| └ Yes leg | Yesavg 20.5¢ | $153.62 | $195.31 | +$61.52 | |
SN SnapElectionAvoiderCTR | Yesavg 20.1¢ | $346.35 | $544.01 | +$197.66 | 53% 1100-980 (2080) |
LI lissartter | Noavg 83.5¢ | $620.81 | $533.15 | -$87.66 | 42% 5193-7116 (12309) |
0X 0x38d5a13ef8e32d5e5a808ceba52d6ac78d4c063c | Noavg 83.7¢ | $435.5 | $366.6 | -$68.9 | 66% 556-285 (841) |
HE HerrieDavisCTR | Yesavg 25.6¢ | $124.86 | $147.02 | +$22.16 | 36% 2027-3621 (5648) |
PaddyAlphaARB<$100Invested
$816.62
Value
$855.23
PnL
+$14.94
Record
59%
978-672 (1650)
Both legs:
Invested
$346.35
Value
$544.01
PnL
+$197.66
Record
53%
1100-980 (2080)
Invested
$620.81
Value
$533.15
PnL
-$87.66
Record
42%
5193-7116 (12309)
Invested
$435.5
Value
$366.6
PnL
-$68.9
Record
66%
556-285 (841)
Invested
$124.86
Value
$147.02
PnL
+$22.16
Record
36%
2027-3621 (5648)
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EV Calculator
Consensus % is how many tracked traders hold a side, not a win probability.
71.0¢ price + 1.0¢ spread + 1.0¢ fee (Culture 5%). 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.