A trader recently placed a $29,588 bet against Ethereum reaching “$4,490 or above” by Oct 3, 2025 at 2pm EDT on Kalshi’s prediction market. This is one of the largest trades seen in the past day, with 207,610 contracts traded in total. The market rule states that if the average of the sixty seconds of CF Benchmarks’ Ethereum Real-Time Index before 2 PM EDT is above 4489.99, the bet will pay off. Prediction markets like these provide valuable insight into investor sentiment and expectations for cryptocurrency assets, especially for Ethereum, a key player in the blockchain ecosystem. These markets offer transparent price discovery mechanisms for informed financial decision-making.

Read more at Quiver Quantitative: A Trader Just Bet $29588 Against Ethereum Price at $4490 or Above by October 3, 2025