A Polymarket whale turns $5.6 million profit into loss in 13 days

CoinFeed reported on July 7, according to Onchain Lens, Polymarket trader '1two1two' turned an approximately $5.6 million profit into an approximately $103,000 loss in 13 days. The account was created in June this year, with a current win rate of about 48.3% (14/29) and a cumulative trading volume of about $21.99 million. The largest losing bets include: Portugal vs. Spain (Over 2.5 goals) loss of about $3.06 million, Côte d'Ivoire vs. Norway (No) loss of about $2.64 million, and Brazil vs. Norway (Draw Yes) loss of about $748,000. The largest single win was about $3.59 million, still insufficient to keep the overall account profitable.