Kalshi has the same wash trading pattern in its prediction markets too
Take the Mamdani "2028 Democratic presidential nominee" market
Between August 1 and September 19, someone has been buying and selling $1 of this contract every 2 seconds for $2M
The bot is active rn and you can verify it yourself on their site
This is one case I found in an hour of looking. There are similar patterns across parlays, sports and fed rate markets too
This is the volume Kalshi uses to shove its traction down our throats
Part 1.5
Felt bad leaving you guys with nothing tonight
So here is the undeniable proof that Kalshi is faking their PERP volume
FYI in case the data was to vanish over night, I have downloaded it and it's encrypted on 3 diff clouds
jus in case u know
Anyhow, here is an example
On ETH the exact same $5500 trade size keeps appearing over and over again
By over and over again, I mean it literally made up 48%–58% of ALL ETH PERP volume on 4 separate days
Also rumor, by rumor I mean person who told me wants to stay anonymous so I can't share proof, is that Kalshi has volume deals so MMs are forced to fuck around and do things like this
Literally incentivized to cheat
What I don't understand is why they are so bad at it kek
pro tip: if you guys want to fake volume one day, don't use the same lot size to do it over and over again
sincerely,
beni