In short

  • Beni says that multiple $5,500 trades made up half of Kalshi's ETH perp volume.

  • Kalshi denies a volume boost, saying that critics confuse prediction markets with perpetual futures.

  • There has been no announced CFTC enforcement action regarding the wash trading claims.

Read the original story about why thousands of identical $5,500 trades are putting Kalshi in the spotlight at Lockridge Okoth: nl.beincrypto.com