Kalshi is pricing probability, not $BTC reality Short-term odds drop when price stalls, liquidity tightens, and macro stays restrictive - that's normal market behaviour But on-chain supply remains constrained, long-term holders aren't distributing, and institutional exposure
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Kalshi is pricing probability, not $BTC reality Short-term odds drop when price stalls, liquidity tightens, and macro stays restrictive - that's normal market behaviour But on-chain supply remains constrained, long-term holders aren't distributing, and institutional exposure