In brief

  • Beni says repeated $5,500 trades accounted for 50% of Kalshi ETH perp volume.

  • Kalshi says it hasn't inflated volume—critics are mixing up prediction markets with perpetual futures.

  • No CFTC action has been announced regarding the allegations of wash trading.

Read the original story Why thousands of identical $5,500 trades put Kalshi in the spotlight on se.beincrypto.com