Most traders assume airdrop recipients dump tokens on day one. But what happens when they actually hold? The market's entire price discovery mechanism can shift. If significant holders resist the urge to immediately liquidate and instead accumulate or stake, the selling pressure narrative collapses. This creates an interesting arbitrage: either the market's expectations are wrong, or there's deeper conviction in the token's fundamentals than reflected in initial price action. Real question—are we underestimating diamond hands in the airdrop space?