Regarding the public sale of PUMP, due to the sudden rise of BONK, there are a lot of long and short comments on the market at present I'm not well suited to this type of "money-saving" type of trading So I didn't participate in this release However, what I can think of is that I will hedge some first-level positions, and in first-level I will take short positions except for the memes that I am particularly optimistic about Whether it's a pump or a bonk Although I am personally very bullish on the development of Bonk at the moment, and due to the high valuation of the public offering of pump, it is natural to push the prospect of Bonk to death But the tide will always fade, and the phased highs will inevitably appear, and the bookmakers will also use this "phenomenal" liquidity to make some "exit" actions And even if the Pump has been reduced from the expected high valuation of 40B to Hyper Liquid, it has been reduced to about 8B at present The market value of these 8B will still absorb some liquidity in the current stock market, especially in the more volatile primary market