
WSJ: Nearly 1 million near-identical trades on Kalshi draw regulator scrutiny
- —About 1 million near-identical trades on Kalshi since August
- —Over a third of ETH price-market volume came from rapid ~$5,500 orders
- —Those trades totaled roughly $5 billion in a single market
- —Kalshi says activity is normal and does not identify traders
Why it matters: Suspicions of wash-like trading on Kalshi could intensify regulatory scrutiny of prediction markets and their crypto contracts.
Source: ChainCatcher 链捕手