Why Thousands of Identical $5,500 Trades Put Kalshi in the Spotlight

Crypto Insight Summary: Repeated $5,500 trades on Kalshi's ether perp market spark wash trading claims. Kalshi says critics confused two products. Crypto Insight Analysis: Direction: Bearish ETH Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Wash trading allegations can damage ETH derivatives market credibility.