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Just 1% of wallets control $133M in midterm odds on Polymarket, creating a dangerous illusion of mass public consensus

By Andjela Radmilac at 2026-09-28 04:17

Sentiment: Negative

The Nov. 3 midterm election is less than 11 weeks away, and its betting market had already surpassed the full 2024 congressional cycle in the latest comparable data. Traders had placed at least $133 million across markets tied to House and Senate races by Aug. 10, compared with $92.4 million during all of 2024. The […] The post Just 1% of wallets control $133M in midterm odds on Polymarket, creating a dangerous illusion of mass public consensus appeared first on CryptoSlate. Continue reading...

Categories: Analysis

Tags: #Analysis #Featured #Politics #Trading

Source CryptoSlate