Kalshi Defends $5,500 Ether Perp Trades as Wash Trading Claims Mount

Kalshi is pushing back against claims that repeated $5,500 trades in its ether perpetual futures market indicate wash trading. The exchange said the activity is linked to its market-making programs, which reward liquidity providers for placing orders rather than generating volume. Similar-sized trades can occur when users take fixed orders during price moves. Analyst Beni […] Read The Full Article Kalshi Defends $5,500 Ether Perp Trades as Wash…