Regulation

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

CryptoSlate3h agoUpdated 1h ago
Just 1% of wallets control $133M in midterm odds on Polymarket, creating a dangerous illusion of mass public consensus
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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…

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