Most Polymarket Users Lost Money as Prediction Market Volume Hit $29.8B

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Prediction markets reached a combined monthly notional volume of $29.8 billion last month, but Wall Street Journal analysis found more than 70% of Polymarket users are losing money. The Journal found 0.1% of Polymarket accounts captured 67% of all profits, while Kalshi spokeswoman Elisabeth Diana said losing users outnumber winners by 2.9 to 1 over the past month.

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