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Kalshi bitcoin downside contract slips as open interest reaches 616,000

The contract is the third most traded crypto market on Kalshi in the PredictionMarketPicks snapshot at 3:21 AM EST on November 1, with 12,000 contracts traded in 24 hours and 616,000 contracts in open interest.

A Kalshi contract on bitcoin falling below 55,000 dollars by January 1, 2027 was priced at 12 cents, according to PredictionMarketPicks. The price was down two cents over 24 hours.

Trading activity and outstanding positions

The contract ranked as Kalshi’s third most traded crypto market in the PredictionMarketPicks snapshot taken at 3:21 AM EST on November 1. Its 24-hour trading volume was 12,000 contracts.

Open interest stood at 616,000 contracts, according to the same snapshot. That figure describes outstanding positions, distinct from the number of contracts traded during the preceding 24 hours.

A snapshot of downside pricing

The report was published on Nov 1, 2026 at 3:30 AM ET. The supplied figures show a decline in the contract’s price, but provide no explanation for the move or additional pricing history.

What it means for prediction markets

  • The two-cent decline to 12 cents indicates lower pricing for the specified bitcoin downside outcome over the reported 24-hour period.
  • The third-place crypto-market ranking and 12,000 contracts traded establish the contract’s relative activity within this Kalshi snapshot, not across prediction markets generally.
  • Open interest of 616,000 contracts should not be confused with daily turnover. The supplied material does not include settlement rules, which are needed to interpret precisely how the threshold and deadline apply.
KalshiBitcoinInfiniti MarketsInfiniti Signals

Sources & attribution

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    PredictionMarketPicks
    Publisher
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