#代币空投 Midnight(NIGHT)The latency of the Airdrop - the reboot loop is worth following. From on-chain data, this event has exposed several issues:
First is the liquidity design. A threshold of 230 Alpha points + an airdrop scale of 600 NIGHT, this configuration itself can easily lead to a concentration of funds at the moment of claiming. After the latency announcement is reopened, it will inevitably trigger a larger wave of claims, which is equivalent to accumulating the risk once again.
Secondly, there is counterparty risk. Binance Alpha, as a primary market tool, often has weak initial liquidity for its airdrop tokens. Selling pressure may become apparent immediately after large-scale claims—it's essential to track the large transfers and exchange deposits of NIGHT within 24 hours after the market opens, as this can reflect the true market sentiment.
From the perspective of participation, users holding 230 points are already active traders, and they are more sensitive to price changes. Once the opening price does not meet expectations, the selling pressure will be rapid. It is recommended to closely observe: the movement of wallets after claiming, the inflow volume to exchanges, and whether there are early sell-offs at the whale level.
Such latency events are usually signals of technical issues or insufficient liquidity preparation, not good news. Proceed with caution.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
#代币空投 Midnight(NIGHT)The latency of the Airdrop - the reboot loop is worth following. From on-chain data, this event has exposed several issues:
First is the liquidity design. A threshold of 230 Alpha points + an airdrop scale of 600 NIGHT, this configuration itself can easily lead to a concentration of funds at the moment of claiming. After the latency announcement is reopened, it will inevitably trigger a larger wave of claims, which is equivalent to accumulating the risk once again.
Secondly, there is counterparty risk. Binance Alpha, as a primary market tool, often has weak initial liquidity for its airdrop tokens. Selling pressure may become apparent immediately after large-scale claims—it's essential to track the large transfers and exchange deposits of NIGHT within 24 hours after the market opens, as this can reflect the true market sentiment.
From the perspective of participation, users holding 230 points are already active traders, and they are more sensitive to price changes. Once the opening price does not meet expectations, the selling pressure will be rapid. It is recommended to closely observe: the movement of wallets after claiming, the inflow volume to exchanges, and whether there are early sell-offs at the whale level.
Such latency events are usually signals of technical issues or insufficient liquidity preparation, not good news. Proceed with caution.