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Traders on Polymarket are once again staging a new round of prediction drama. Some are betting that the FDV of OpenSea after token issuance will significantly retrace on the first day of listing. This aggressive short-selling strategy reflects an interesting market divergence — most people are still hopeful about the potential rise of the new token, while a few savvy traders are betting that this wave of enthusiasm will cool off quickly.
Specifically, the core logic behind this bet is that the valuation of the OpenSea token will fall below the issuance price within 24 hours of launch. This is not just a gamble but also a reflection of the market’s true attitude towards large platform tokens — short-term hype is often unsustainable, and price discovery will ultimately return to fundamentals. The seemingly crazy shorting, to some extent, demonstrates traders’ deep understanding of market cycles.