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Pedro Sánchez out as PM of Spain by December 31, 2026?

7 of 13 top Polymarket traders hold No (54%) · No at 82¢ · $28K held · ends Jan 1, 2027

Yes18¢No82¢Ends Fri, Jan 1, 2027View on Polymarket
SIGNAL

⚖️

Neutral

No

Consensus Traders

13

No 54%

Total Value

$28.4K

Combined PnL

$-2.3K

Smart Money Entry

75.4¢ → 82¢

+9% since entry · 7 traders

Research grade

NeutralNo at 82%

No measured edge, which here means a loss: the plain consensus (5+ holders, 60 %+, held to resolution) lost −3.0 % a trade after costs out of sample in the full-year test (n 86,296, 95 % CI −3.6 to −2.4 %).

  • Consensus under 60 %Every backtest started at 60 %+ of the holders; below that nothing was measured.
  • Favourite (60–95¢)Full year, out of sample: 0.70–0.90 lost −0.9 % a trade (n 26,050, 95 % CI −1.5 to −0.3): the least bad band, still a loss. The Oct 22 backtest's +0.4 % (n 4,327) was not confirmed.

The rules come from our Oct 22 2026 backtest (one entry per market, held to resolution, after a 1¢ half-spread and Polymarket's taker fees). Our full-year test without hindsight (Oct 26 2026) found none of them profitable out of sample, and the plain consensus lost −3.0 % a trade. The grade describes the market; it is not a forecast, not an edge and not advice.

Smart Money Signal

No

7 of 13 top traders (54%)6 hold an outcome priced under 50%6 small positions dimmed (<$100 invested)

Market Activity

Outcome Probabilities

Yes18%
No82%

Smart Money Breakdown by Outcome

No7 traders
Total Value$22.9K
Total Shares27,898
Combined PnL+$1.7K
Yes6 traders
Total Value$5.5K
Total Shares32,204
Combined PnL$-4.0K
No — 54%Yes — 46%

Signal Intelligence

Momentum

Flat

+0 pts consensus

Breadth

7 traders

Top 2 hold 87%

Freshness

Late

4875h old

Flip Quality

Choppy

62 consensus flips

Breadth vs concentrationCrowded

54% of non-arb traders are on No. Concentration is driven by the top two positions owning 87% of that side's value.

Cohort consensusHand-picked vs top 1000 · whales, sharps, snipers, contrarians
whaleNo 50% · 4
Aligned
sharpNo 60% · 5
Aligned
ctrYes 67% · 3
Diverging
Hand-pickedNo 56% · 9
Aligned
Top 1000No 50% · 6
Aligned

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EV Calculator

Consensus % is how many tracked traders hold a side, not a win probability.

Break-even chance83.7%

82.0¢ price + 1.0¢ spread + 0.7¢ fee (Other / General 5%). Win more often than this and the bet pays.

Expected Value—
Expected ROIenter your estimate
Max Profit
+$19.47
Max Loss
-$100.00
Shares
119.5

A market order pays the taker fee and crosses the spread (assumed 1.0¢); a limit order pays no fee but may not fill. The fee category is a guess from the title.

Market Info

Condition ID
0x890f9b8d...a5aad1
Slug
pedro-snchez-out-as-pm-of-spain-by-december-31-2026
Trade on Polymarket