A certain trader relies solely on "consensus perception" to participate in predictions, losing over $2 million in 35 days.

On January 5th, according to Lookonchain monitoring, trader “beachboy4” lost over $2 million in just 35 days on Polymarket. By analyzing their trading records, this trader relies on their “consensus cognition,” which means making predictions based solely on the majority’s view of high-probability events. According to statistics, they participated in 53 predictions over 35 days, with a win rate of 51%. However, they never set exit strategies or hedging strategies for their predictions, resulting in “most of their losing positions being held until they hit zero, or the price collapsing long before settlement.”