PANews May 5 news, according to Cointelegraph, the cryptocurrency data analysis firm Kaiko pointed out in its latest report that around the announcement of Robinhood's cryptocurrency asset listing, there appeared to be suspicious "front-running" trading behavior in the market.

The report stated that before multiple tokens were listed, perpetual contract positions and on-chain transaction data showed unusual capital flows. For example, the wallet address "0xa1E" established a long position on Hyperliquid about an hour before Robinhood announced the listing of Lighter (LIT) on January 15, and quickly closed the position for a profit after the announcement. This address also shorted HOOD-related perpetual contracts hours before Robinhood released its financial report on April 28, and closed the position after the price dropped.

Kaiko also pointed out that similar patterns were observed in multiple coin listing events for ZEC, SNX, NEAR, etc.: hours before the announcement, there was a surge in funding rates, increased trading volume, and growth in open contracts, accompanied by price fluctuations in advance.

Analysis suggests that this consistent behavior may stem from two explanations: one is that some traders may have access to undisclosed information or information advantages; the other is that high-frequency traders make predictive trades based on funding rates and market microstructure signals (such as changes in trading volume and positions).

Kaiko researchers stated that current data cannot directly prove the existence of insider trading, but the related patterns have repeated in multiple asset listings, warranting continued attention.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。