Rapport Kaiko : une activité de trading anormale apparaît sur plusieurs jetons avant l'annonce de leur lancement sur Robinhood

ChainCatcher message, according to the analysis firm Kaiko’s report on Monday, open interest, funding rates, and on-chain trading patterns in the perpetual contract market indicate that some traders may have pre-positioned before Robinhood’s cryptocurrency listing announcement. The report highlights the most obvious case as wallet address 0xa1E, which opened a long position in Lighter (LIT) on Hyperliquid at 11:05 AM on January 15th, about an hour before Robinhood announced the listing of the token. The wallet then closed the position immediately after the announcement.

The same address also opened a HOOD short position a few hours before Robinhood announced its lower-than-expected Q1 revenue on April 28th. Multiple tokens, including ZEC, SNX, and NEAR, experienced abnormal surges in open interest, funding rates, and price drift prior to the listing announcement. Researcher Fraussen told Cointelegraph that traders familiar with microstructure might notice public signals such as rising funding rates and increased trading volume and act accordingly, but these types of positioning are statistically consistent and repeatedly appear across multiple events, reflecting privileged access to Robinhood’s listing pipeline or a highly reliable front-running method based on public signals.