That’s a plausible play INIT’s price could dip sharply once airdrop recipients start offloading their tokens. If you’re planning to short, timing will be everything. Keep an eye on:
1. Airdrop Claim Date & Time: Make sure you know exactly when the tokens are claimable.
2. Exchange Listings: If #INIT gets listed somewhere liquid (e.g., Binance), there may be volatility spikes.
3. Volume & Sell Pressure: Watch for a surge in volume—it could signal the sell-off beginning.
4. Funding Rates (if using perpetuals): They might flip negative quickly, which could cost you if you hold too long.
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