[Whale Watch] $4K NO on NYC High Temp 59-60°F on Mar 16, 2026 at 2c (9:50:09 PM ET)
The Trade
Someone just bet $4K that New York City’s high temperature will not land in the 59-60°F range on March 16, 2026. The trade was 3,945 contracts at 2 cents each, costing $3,866 total — 2 cents means the market sees roughly a 2% chance this specific outcome hits. This swept two fills to complete.
The Price Impact
The market moved from 3 cents down to 2 cents on the back of this NO flood. Trade flow is overwhelmingly one-sided: NO contracts represent 94% of all volume, and the price settled at the bid of 2c.
What This Market Is
Kalshi is asking whether NYC’s daily high temperature on March 16, 2026 will land exactly in the 59-60°F bucket. YES pays if it does, NO pays if it lands anywhere else.
The Bottom Line
Someone dropped $4K to say a single two-degree temperature window a year out is essentially a no-shot — and the market agrees.
This is market commentary, not financial advice. Always verify contract terms and do your own research before placing any trades.