🎯 Kalshi perpetual volume looks a bit fishy

📰 CoinDesk: One $5,499 order accounts for 57% of ETH perpetual trading; repeated $2,500/$5,000 orders account for 54% of BTC

💬 It’s too neat—like a robot is刷ing. This isn’t a safety issue; it’s about watered-down trading volume: the ranking fees look good, but the real liquidity is discounted. With leverage across the whole market already crowded, you have to be extra careful with this kind of data

🏷️ #Kalshi #永续合约 #数据注水 #Market Structure