6.6 Regulation Kalshi因涉嫌虚增加密货币交易量遭质疑，批评者指出其报告数据与实际交易不符，疑似洗盘。Kalshi否认操纵，称遵循行业惯例。
受监管的预测市场平台Kalshi因涉嫌虚增甚至人为制造加密货币交易量而备受关注。多位分析师和交易员指出，Kalshi报告的交易量与实际未平仓合约之间存在显著差异，尤其是在ETH-PERP合约中，24小时成交量高达5.39亿美元，而未平仓合约仅为310万美元。 批评者认为，平台存在重复相同规模的交易、高比例做市商活动，以及同一钱包地址频繁交易等现象，暗示可能存在洗盘交易或人为流动性。此外，Kalshi采用最大潜在支付额计量成交量，而非实际风险资金，导致报告数据远高于其他估算，引发市场担忧。 Kalshi方面否认任何操纵行为，称成交量报告遵循行业惯例，并通过监管文件保持透明。此次争议已从加密合约扩展至更广泛的预测市场，市场对成交量作为活跃度和流动性指标的可靠性提出质疑。
Kalshi’s Crypto Perpetual Futures Draw Scrutiny After Suspicious Trading Activity Flagged
Analyst Accuses Kalshi of Artificially Inflating Trading Volumes
Kalshi Faces Accusations of Inflated Crypto Volume Over Repeated $5,500 Perp Trades
Kalshi Faces Wash-Trading Claims Over Crypto Perpetual Volume
Kalshi faces ‘fake crypto volume’ allegations as critic flags identical $5,500 trades
Kalshi Crypto Trading Volumes Face Wash-Trading Allegations
Kalshi faces scrutiny over a 14-fold gap between its reported volume and an alternative estimate
Kalshi Faces Scrutiny Over Alleged Wash Trading in Crypto
Community users are questioning Kalshi over alleged falsified crypto trading volumes, claiming the daily trading volume of ETH-PERP is 174 times its open interest.
