A certain trader relies solely on "consensus perception" to participate in predictions, losing over $2 million in 35 days.

GateNews

2026-01-05 06:30:09

BlockBeats News, January 5th, according to Lookonchain monitoring, trader “beachboy4” lost over $2 million on Polymarket in just 35 days. By analyzing their trading records, this trader relies on their “consensus cognition,” which means making predictions based solely on the majority’s view of high-probability events. According to statistics, they participated in 53 predictions over 35 days. Although their win rate is as high as 51%, they never set exit strategies or hedging strategies for their predictions, resulting in “most of their losing positions being held until they go to zero, or the price crashes long before settlement.”

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