Crypto Traders Quietly Pull Back From Polymarket Bets
Crypto traders are still active on prediction markets, but fewer are willing to take risk. New on-chain analysis from BeInCrypto shows that high-conviction crypto trading on Polymarket has cooled steadily since early January, after peaking twice in late December and the first week of the new year.
The data does not track casual users or passive viewers. Instead, it focuses on wallets that actively placed orders and provided liquidity on crypto-related markets, offering a clearer signal of trader sentiment.
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High-Conviction Crypto Activity Peaked, Then Faded
BeInCrypto analysts observed daily maker activity on Polymarket over the past 30 days, filtering only crypto-tagged markets such as Bitcoin and Ethereum price…
