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$NIGHT currently has a total trading volume of 1.65 billion. Based on the expected 1.68 billion at the end of the eighth point, the updated ranking amount today should be around 228,000. As for how much the actual number will differ once it’s released, we’ll have to wait for the official announcement.
Honestly, the hedge this time failed again. Fortunately, I didn’t hedge everything, leaving half of the position, so at least I can avoid the risk of being wiped out by the market maker. This move shows a bit of risk management awareness.
Now I’m most curious: once the competition ends, will $NIGHT directly move to spot trading? I’d like to hear everyone’s opinions. Could there be any unexpected situations?