Bitcoin, ether perpetual volumes on Kalshi are dominated by an unusual, repetitive trade, data shows

CoinDesk found that one $5,499 trade size accounted for 57% of sampled ether-perpetual volume on Kalshi, while recurring $2,500 and $5,000 trades made up 54% of sampled bitcoin-perpetual volume. The repetitive trade sizes suggest algorithmic or coordinated activity dominating the prediction market's crypto derivatives.