Prediction markets in the crypto economy are becoming a battleground for informed traders against casual bettors. Professional desks are capitalizing on rising liquidity and retail participation. However, only 16.7% of Polymarket wallets are profitable, with concerns of insider trading due to some accounts boasting a perfect win rate.

Insider concerns are growing as users like pony-pony and AlphaRaccoon maintain flawless track records. Polymarket faced issues with double-counted trading volume, leading to inflated metrics on data dashboards. This bug, discovered by Paradigm, is being rectified by various dashboard providers to ensure accurate reporting and avoid misconceptions.

Read more at Cointelegraph: Elite Traders Hunt Retail Investors On Prediction Markets