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Kalshi’s $5,500 Wash Trading Pattern

$500,000,000 traded daily on Kalshi’s ETH perp. Open interest? Just $3,100,000.⁣ ⁣ That’s a 174x daily turnover. “That’s just like absurd.”⁣ ⁣ The top position on the leaderboard was only up $17,000. On half a billion in volume.⁣ ⁣ “You’d expect people to be up or down more than $17,000.”⁣ ⁣ WSJ fou

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