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Polymarket trader lost $2.36M in just 8 days over these bad bets
Jan 13, 2026
< 1 min read
by Florence Muchai
for CryptoPolitan
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A Polymarket trader known as bossoskil1 lost $2.36 million in just eight days by making 53 predictions on US sports leagues, with 25 wins and 28 losses. The significant losses highlight the risks associated with betting on decentralized exchanges (DEX) within the crypto space.
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A Polymarket trader has burned through $2.36 million in eight days. According to trade records reviewed by market tracker Lookonchain, the losses accumulated after the trader placed 53 separate predictions in US sports leagues and college football. Lookonchain reported on X that the trader using the pseudonym bossoskil1 recorded 25 winning trades and 28 losing […]
