The post Polymarket Trader Loses $2M Despite Winning Bets appeared first on Coinpedia Fintech News A Polymarket trader known as “beachboy4” lost more than $2.07The post Polymarket Trader Loses $2M Despite Winning Bets appeared first on Coinpedia Fintech News A Polymarket trader known as “beachboy4” lost more than $2.07

Polymarket Trader Loses $2M Despite Winning Bets

Polymarket Trader Loses $2M Despite Winning Bets

The post Polymarket Trader Loses $2M Despite Winning Bets appeared first on Coinpedia Fintech News

A Polymarket trader known as “beachboy4” lost more than $2.07 million in just 35 days, even with a 51% win rate across 53 prediction trades. The losses stemmed from huge average bets of about $400,000, frequent high-priced entries, and no stop‑loss or hedging strategies, causing many losing positions to go to zero. His biggest single loss hit $1.58 million, outweighing his largest win of around $936,000. This case highlights how high risk and poor strategy can wipe out profits in prediction markets.

Market Opportunity
Moonveil Logo
Moonveil Price(MORE)
$0.002769
$0.002769$0.002769
-0.64%
USD
Moonveil (MORE) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.