KalshiCryptoLikely noiseUpdated 7m ago

Ethereum price at Oct 16, 2026 at 5pm EDT?

As of Oct 16, 2026, 4:48 PM ET, Kalshi priced this market at 97.5% (up from 15.0% 24 hours earlier). It had $10.8K traded in the past 24 hours, $28.8K of order-book liquidity and a bid-ask spread of 1.0 pts. probcast.co rates the support behind this price as weak.

Market probability
97.5%
+82.5 percentage points
over 24 hours15.0% → 97.5%
Moving fastBig move, weak backingResolving soon

Thin market where small orders can move the price; we can't yet see which accounts drove today's move.

Price historyKalshi

Source: Kalshi price history

How credible was the move?

Methodology →

Move validity

Weak

Consensus stability

Unsettled

Contract clarity

High

Can you trust this price?

Two different questions: how hard the price is to move, and whose trading set it.

Market capacity

How hard is it to move this price?

ThinTight spread

Order-book liquidity

$28.8K

Bid-ask spread

1.0 pts

24h volume

$10.8K

cash traded · $21.9K notional on Kalshi

Open interest

$20.6K

The visible order book runs out before the price would rise 5 pts — little resting money above the current price.

Little money on the book — a modest order can move this price, so treat swings with care.

Who's trading

Whose opinion is this price?

Participation data isn't captured for this market yet.

Participation data isn't captured for this market yet, so we can't say how many accounts set this price.

What this market actually measures

If the simple average of the sixty seconds of CF Benchmarks' Ethereum Real-Time Index (ERTI) before 5 PM EDT is between 2380-2419.99 at 5 PM EDT on Oct 16, 2026, then the market resolves to Yes.

This summary shows the opening of the venue's official rules. ProbCast has not yet generated an independent plain-English interpretation for this contract — review the full rules before relying on it.

View full official resolution rules

If the simple average of the sixty seconds of CF Benchmarks' Ethereum Real-Time Index (ERTI) before 5 PM EDT is between 2380-2419.99 at 5 PM EDT on Oct 16, 2026, then the market resolves to Yes.

Resolution source: If the simple average of the sixty seconds of CF Benchmarks' Ethereum Real-Time Index (ERT…

Why the odds moved

The probability rose 82.5 percentage points over the last 24 hours (15.0% → 97.5%).

No verified catalyst has been linked to this move yet. ProbCast does not attribute moves to news without evidence connecting the timing of a specific report to the repricing.

What could move this market next?

  • The market's deadline arrivesOctober 16, 2026 at 5:00 PM ET

    The contract must resolve based on what has happened by this date.

Derived from the contract's own mechanics as of Oct 16, 4:55 PM ET. ProbCast does not list scheduled meetings, announcements, or data releases it cannot verify.

Advanced analysis (experimental)

Research signals — these models are still accumulating the history needed for full validation, and they can disagree with the headline read. Model confidence: low · expected error ±29 pts.

Reacting to newsLegacy movement classifier: noisy

What's happening

high classifier confidence
Reacting to news

The price is actively repricing on real volume. The number is still moving — don't treat the latest print as settled consensus yet.

  • Probability moved 94.5 pts in ≤6h on adequate liquidity

Read the latest price with caution; conditions make it an unreliable summary right now.

More details — reliability score, dynamics, durability
Reliability score
2Low
Where the price path tends to go next77 observed
  • Thin-liquidity spike71%
  • Choppy / mean-reverting13%
  • Illiquid / quiet7%

Short-term motion of the price line (~1h), distinct from the environment above — not a prediction of the final outcome.

DurabilityLow· half-life <1h
PredictabilityElevated irreducibility

Secondary read: leaning toward Trending.

A read-only classification of the market environment — how much weight the current price deserves as a read of consensus. It describes conditions, never a trade.

Change (pts)1H+15.06H+94.524H+82.57D+82.5

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