Market Analysis - Two new addresses appeared in the top 10 holders of PUMP on HYPE yesterday afternoon, while the other eight were profitable traders with millions of dollars in gains [1] - HYPE held $250 million in positions yesterday afternoon, while Binance held $60 million, suggesting potential arbitrage activity [2] - After accounting for potential fake positions on HYPE and arbitrageurs on Binance, there is an estimated $200 million in real positions likely to participate in the new offering [2] - A large number of arbitrageurs are expected to participate in the new offering, reducing the number of naked shorts [2] - The potential total commitment for the new offering is estimated at $300-400 million, suggesting it will be oversubscribed [2] - Oversubscription is expected to drive up the price due to FOMO (fear of missing out) in the secondary market [2] - The offering should have been completed in 2-3 minutes instead of 14 minutes if there were no exchange issues [2]

我从未阻止我爸实现A9的梦想。是的，你没看错。当身边无数韭菜兄弟捶胸顿足、甚至怒砸键盘地吼着“我们没本金！”“普通人哪有那个命！”“你知道牛市里亏钱的才是大多数吗！” 我却一直坚持——不阻止他冲A9。 不是我格局大，也不是我摆烂了。而是我明白了一件事： 能不能A9从来不是问题，真正的问题，是我爸有没有去冲。一次偶然的契机，我爸在抖音上刷到了属于他的意难平——某个喊单老师晒出的合约千倍收益图。我静静看着他每日在饭桌上兴奋地念叨着那些我听都没听过的VC币和叙事，心底漫过一丝苍凉。Web3的泡沫在我爸的暴富梦里晕染开来，落在我身上却压得我喘不过气。“你知道想A9得多难吗？要么你有大本金去做合约，要么就得混入Cabal去蹲金狗，或者用几万个地址去硬撸福报空投，我们本金为0……”我爸摇了摇头：你的那些我听不懂，但我相信只要梭哈就能赢。我看着他一脸不服的样子露出一抹苦笑。他的暴富梦在币圈KOL那里得到了回响，大量打着“下一个百倍币”标题的推文给他推送着一条又一条的财富密码，他把截图全发给我，大声斥责我的“格局小了”，骄傲得像个刚踏空却嘴硬的死多头。在他日复一日地念叨下，我终于被他的坚持打动了。“你看看你表弟，比你小一岁， ...