Will Jean-Luc Mélenchon advance to the second round of the next French presidential election?

2 wallets with a track record of profitable trading are overwhelmingly betting on "No", with $4,352 riding on it.

The price of 46% at this snapshot already lines up with the model's read of these wallets' bets — there's not much of an edge left here.

On average they got in at 56¢; the price was 46¢ at this snapshot — roughly 0% of their entry edge is already priced in.

Note: only $4,352 of qualifying stake backs this signal, so treat it with caution.

Over the last 24 hours, these wallets have been adding to this position (+$393, +$816 over 3 days) — a sign conviction is building.