Daily NBA Prediction Markets Wrapped: Kalshi Market Movers

Denver’s futures got the loudest repricing on the board. The Nuggets’ title contract jumped while the West number followed. That’s a clean signal that traders are buying Denver as a real top-tier outcome again.

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Top Kalshi NBA Movers That Mattered

• Denver Nuggets championship odds: up from 13c to 16c (23.08%). The contract also did 63,319 in 24-hour trading volume, which is real participation for a futures board.

• San Antonio Spurs Western Conference title odds: up from 11c to 15c (36.36%). The market is paying up for a West path, not just a playoff berth.

• Milwaukee Bucks playoff qualification odds: up from 6c to 11c (83.33%). It’s still a low base, but it’s a meaningful bounce.

• Chicago Bulls playoff qualification odds: down from 7c to 3c (-57.14%). That’s a sharp reset for a team sitting in the longshot bucket.

• Phoenix Suns playoff qualification odds: down from 91c to 80c (-12.09%). This is a big move for a contract that was priced like a near-lock.

• New York Knicks Eastern Conference title odds: down from 23c to 20c (-13.04%). The East board is not treating New York like a clear top-two anymore.

• Victor Wembanyama Defensive Player of the Year odds: up from 56c to 61c (8.93%) on massive flow. He led the awards board with 62,245 in 24-hour trading volume.

• Naz Reid Sixth Man of the Year odds: up from 31c to 44c (41.94%). That’s one of the biggest award jumps on the day.

• Joe Mazzulla Coach of the Year odds: up from 10c to 21c (110.0%). That’s a major narrative swing in a market that usually moves slowly.

• Joel Embiid All-Star selection odds: down from 89c to 22c (-75.28%). The contract is now priced like a longshot outcome.

Kalshi NBA Volume And Order Book Highlights

• Oklahoma City Thunder championship odds led the entire slate in activity with 20,495 in 24-hour trading volume. The price was 39c with a 39-40c yes spread.

• Denver Nuggets championship odds printed 63,319 in 24-hour trading volume with a tight 15-16c yes spread. That’s efficient pricing for a mover.

• San Antonio Spurs championship odds stayed extremely active at 54,158 in 24-hour trading volume, even with the contract sitting at 9c last.

• Charlotte Hornets playoff qualification odds saw a massive 1,847 in 24-hour trading volume and 191,992 total volume. The spread was tight at 52-55c, suggesting two-way conviction.

• LeBron James next team – Cleveland widened the conversation with a big repricing. It closed at 65c after opening 40c (62.5%), with a tight 51-53c yes market at snapshot time.

Kalshi NBA Notable Markets Worth Watching

• Denver’s West vs title pricing: Denver’s Western Conference title odds were 19c while the championship odds were 16c. That gap is small, so any West move can spill into the title.

• Oklahoma City’s “best record" vs “one seed" pricing: Oklahoma City to have the best record closed 81c (3.85%), while the West one seed sat 77c. Those two should stay linked.

• Phoenix playoff qualification: the contract closed 80c after opening 91c (-12.09%). The market is no longer treating it as a formality.

• Most Improved Player volatility: Jalen Johnson closed 33c (43.48%) while Deni Avdija closed 52c (-7.14%). That’s a real reshuffle near the top.

Kalshi NBA Market Edge

• Denver is the headline. Traders paid up in both West (11.76%) and title (23.08%) markets.

• The Suns move matters more than it looks. A drop to 80c is a different world than 91c.

• Awards flow is concentrated. Wembanyama Defensive Player of the Year volume dwarfed the rest of the board.

• Watch the All-Star contracts for late whiplash. Embiid’s All-Star odds collapsing to 22c is the kind of move that can drag related markets.

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Data from Blitz. Stats as of February 8.