Parlays Push Kalshi Past $3.9 Billion in a Day, Twice in a Weekend
Kalshi set back-to-back daily volume records over the weekend, at $3.91 billion on Saturday and $3.96 billion on Sunday. Parlay-style combos made up about 70% of both days, most of them long shots priced below 1 cent. Combos Supplied Most of the Growth Kalshi’s daily market data, which runs on U.S. Eastern days, shows $3.91 […]
Key Takeaways
- Kalshi set back-to-back daily volume records over the weekend, at $3.91 billion on Saturday and $3.96 billion on Sunday.
- Parlay-style combos made up about 70% of both days, most of them long shots priced below 1 cent.
- Combos Supplied Most of the Growth Kalshi’s daily market data, which runs on U.S.
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Web3
Once-largest Ethereum NFT marketplace Blur is shutting down after volumes collapse 99%
Blur will close its website on Nov. 12 after monthly trading fell from about $1.43 billion at its 2023 peak to under $7 million, ten days after sister project Blast announced its own shutdown.
Bitcoin whale moves $378 million in BTC after six years of dormancy: onchain data
The wallet originally received 4,582 BTC in March 2020, when the holdings were worth roughly $40.8 million.
Bitcoin rebounds above $83,000 as it decouples from tumbling Korean stocks and Nasdaq futures
Bitcoin climbed back above $83,000 after an early dip, decoupling from a sharp slide in Korean chip stocks and weakness in Nasdaq futures ahead of Thursday’s US CPI report.