1⃣ Binance wallet Pre-TGE (Prime Sale model) Sentient (SENT) oversubscribed by about 22 times, if fully filled can receive 11,849.92 SENT, based on the pre-market price of $0.021, worth about $249, with a cost of 0.13839 BNB (about $129).

2⃣ Why do some choose to hedge?

▪️ TGE selling pressure expectation heavy:

January 22 18:00 UTC listed Alpha, initial circulation approximately 21% (community + airdrop accounted for a large part, TGE unlocks about 13% of the community portion).

Binance Prime Sale participants (2% supply) + farmers/early airdrop users are likely to dump quickly.

Historically, similar projects often see a drop immediately after TGE and a short-term retest of the bottom.

▪️ Profit protection mindset:

100U+ profit is already in hand, many people are afraid that the 'cooked duck will fly away.'

▪️ Recent case warning:

Similar projects like Zama have already lost 20-30% before the opening, FOGO has dropped below the IPO price.

3⃣ Why don’t I choose to hedge?

▪️ There are still 48h+ before the opening:

There are still more than 2 days left, and there are still many variables before the opening.

▪️ Not necessarily a crash:

Some markets on Polymarket believe that FDV >600M still has a 50%+ probability, and it may not necessarily crash in the short term.

▪️ Although it is an INDIA project:

There was a previous bull head, which was also a similar project, and it rose quite well; whose project is just a matter of probability.

Of course, if it can rise above 0.03, with a profit of 200u, I will also choose to lock in the profit?

It's just that the current profit is not worth hedging for me, the MMT incident is still fresh in my mind!