On-chain analysis from defioasis.eth indicates that 70% of Polymarket addresses are currently in a loss position, with only 30% showing profitability. Among the 1.73 million transaction addresses analyzed, the top 0.0385% account for over 70% of total profits, amounting to $3.7 billion. The data further reveals that 25% of addresses have small profits under $1,000, contributing to less than 1% of total gains. In contrast, 63.5% of addresses have incurred losses under $1,000, while 149 addresses have experienced losses exceeding $1 million. These figures reflect realized gains and losses, excluding any open positions.