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Bitcoin leads Polymarket futures turnover as large short orders emerge

Polywatcher reports Polymarket perpetual futures had traded 133.59 million dollars in Bitcoin in its latest hour through November 4, 06:56 UTC, ahead of 34.59 million dollars in the S&P 500 index product and 8.61 million dollars in silver. Its latest whale orders of 50,000 dollars or more included a gold open-short of 500,400 dollars at 4,025.40 dollars and a Bitcoin open-short of 247,500 dollars at 77,997.01 dollars.

According to Polywatcher, Polymarket perpetual futures recorded $133.59 million in Bitcoin trading during the latest hour through November 4, 2026, at 06:56 UTC.

The S&P 500 index product followed with $34.59 million in turnover, while silver registered $8.61 million. Bitcoin therefore led the three products listed in the snapshot.

Large orders include gold and Bitcoin shorts

Polywatcher’s latest whale-order list, covering orders worth $50,000 or more, included a gold open-short worth $500,400 at a price of $4,025.40.

The list also included a Bitcoin open-short worth $247,500 at $77,997.01. Both entries represented orders to open short positions, rather than a measure of overall positioning across those markets.

What it means for prediction markets

  • Bitcoin’s hourly turnover was higher than that of the S&P 500 index product and silver in the reported snapshot. Trading volume alone does not establish a directional outlook.
  • The gold and Bitcoin open-short orders identify specific bearish positions, but the supplied figures do not show whether shorts outweighed longs overall.
  • These perpetual-futures figures are not event-contract probabilities. They offer trading context, rather than a direct estimate of any prediction-market outcome.
PolymarketBitcoinGoldSilverInfiniti MarketsInfiniti Signals

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