According to NS3, the monthly trading volume of the prediction market in the previous month reached $298.0 billion, but The Wall Street Journal’s analysis found that more than 70% of Polymarket users are losing money. The paper also found that 0.1% of Polymarket accounts account for 67% of all profits. Elisabeth Diana, a spokesperson for Kalshi, said that over the past month the number of users who lost money was 2.9 times the number of profitable users.

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