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Will Aitor Esteban be the next Prime Minister of Spain?

7 of 18 top Polymarket traders hold No (39%) · No at 100¢ · $3K held · ends Apr 1, 2028

Yes<1¢No>99¢Ends Sat, Apr 1, 2028View on Polymarket
SIGNAL

⚖️

Neutral

No

Consensus Traders

18

No 39%

Total Value

$2.7K

Combined PnL

-$428.86

Smart Money Entry

99.9¢ → 100¢

+0% since entry · 7 traders

Research grade

NeutralNo at 100%

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 %).

  • Side priced over 95¢Full year, out of sample: 0.90–0.95 −0.2 % a trade (n 12,989, 95 % CI −0.6 to +0.3); above 95¢ little is left to win and the tests stop at 0.95.
  • Consensus under 60 %Every backtest started at 60 %+ of the holders; below that nothing was measured.

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 18 top traders (39%)11 hold an outcome priced under 50%11 small positions dimmed (<$100 invested)

Market Activity

Outcome Probabilities

Yes0%
No100%

Smart Money Breakdown by Outcome

No7 traders
Total Value$2.7K
Total Shares2,697
Combined PnL+$1.2
Yes11 traders
Total Value$13.09
Total Shares26,189
Combined PnL-$430.06
No — 39%Yes — 61%

Signal Intelligence

Momentum

Flat

+0 pts consensus

Breadth

7 traders

Top 2 hold 75%

Freshness

Late

726h old

Flip Quality

Choppy

19 consensus flips

Breadth vs concentrationCrowded

39% of non-arb traders are on No. Concentration is driven by the top two positions owning 75% of that side's value.

Cohort consensusHand-picked vs top 1000 · whales, sharps, snipers, contrarians
whaleNo 100% · 1
Aligned
ctrYes 100% · 8
Diverging
Hand-pickedYes 100% · 2
Diverging
Top 1000Yes 59% · 17
Diverging

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EV Calculator

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

Break-even chance99.9%

100.0¢ price + 1.0¢ spread + 0.0¢ fee (Politics 4%). Win more often than this and the bet pays.

Expected Value—
Expected ROIenter your estimate
Max Profit
+$0.10
Max Loss
-$100.00
Shares
100.1

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
0x3be18381...ab9b64
Slug
will-aitor-esteban-be-the-next-prime-minister-of-spain-20260625005710100
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