Kalshi Denies Faking Its Crypto Volume

Crypto Insight Summary: The exchange says the repeating trade size that drew wash-trading accusations over the weekend came from one market maker it pays to keep orders on the book, and that the maker was losing money to faster traders. Crypto Insight Analysis: Direction: Neutral Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Exchange's denial may restore some trust but concerns over wash trading persist.