
Polymarket Trader Loses $2.36M Despite Near 50% Win Rate
A recent on-chain report shared by Lookonchain highlights a sharp loss incurred by a Polymarket trader known as “bossoskill1.” Over just eight days, the trader lost approximately $2.36 million while actively participating in sports-related prediction markets. The activity included 53 separate predictions across major leagues, making this one of the more extreme short-term drawdowns observed on decentralized prediction platforms. The case has drawn attention because the losses occurred despite a win rate close to 50%. How the Trading Strategy Was Structured On-chain dashboards show that the trader placed bets primarily on NFL, NBA, NHL, and NCAA spread markets. These markets…







