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A report from researchers at the London Business School and Yale University reveals that only 3% of users on Polymarket are qualified traders. Together with market makers, this group earns over 30% of the platform's total profits. Meanwhile, 67% of accounts labeled as "unlucky" or "inexperienced" bear the majority of the platform's aggregate losses. The authors conclude that Polymarket's #data accuracy reflects the โ€œwisdom of an informed minority, not the wisdom of the crowd.โ€
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#crypto
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