Kalshi's Bitcoin and Ether Perpetual Trading Volumes Skewed by Repetitive Large Orders, Data Reveals
In a recent analysis of trading activity on Kalshi, a regulated exchange that offers contracts for difference on a range of assets, researchers have uncovered a striking pattern in the volume of its cryptocurrency perpetual contracts. The data, sourced by CoinDesk, points to a concentration of trading activity around a handful of specific trade sizes, suggesting that a small number of repetitive …
Sept. 22, 2026, 12:32 p.m.