Polydata PMX composite plunges to 26.9 as whale activity hits 39-day low

The Polydata PMX composite index dropped to 26.9 on its 0-100 scale, where 50 represents neutral sentiment, marking a deeply risk-off mood across prediction markets. This exclusive Polydata measure aggregates five sub-indices that track different facets of market activity, revealing a fragmented picture rather than a uniform downturn.

At the center of this unevenness is the PMX-Whale sub-index, which, despite the overall risk aversion, holds the strongest reading at 35.8. However, this figure is notable for being the lowest level in 39 days for whale buy/sell balance, signaling a fresh decline in large traders’ engagement. In contrast, the PMX-Volume sub-index registered a mere 14.1, the weakest among all sub-indices and well below its 30-day norm, pointing to sharply diminished trading volume as a key driver of the cautious market stance.

Other sub-indices also reflect subdued activity: PMX-Politics stands at 32.1, PMX-Sentiment at 30.9, and PMX-Crypto at 24.6, each below neutral and reinforcing the overall risk-off environment. The divergence between the relatively higher PMX-Whale and the severely depressed PMX-Volume highlights an uneven market response, where large traders show slightly more involvement than general volume trends suggest.

This composite reading, unique to Polydata, captures the complex market mood that combines low volume with cautious whale positioning amid broader political and crypto uncertainty. The latest PMX data underscores a market environment characterized by selective engagement rather than a wholesale retreat.

Source: Polydata API v3 · /pmx-index · snapshot 2026-07-11. Data: Polydata API v3. On-chain figures are public. Realized PnL is computed over resolved markets only and excludes open positions, so it is conservative versus the Polymarket UI. This is not investment advice.