Managing liquidity risks with airdrop tokens involves understanding the potential volatility of the token and its market. One way to mitigate this risk is by monitoring the token’s listing on exchanges and market trends. If the token is listed on a reputable exchange, check for trading volume and liquidity. If liquidity is low, the token may be harder to sell at a reasonable price. To manage this risk, you can either hold the tokens long-term or sell them gradually when market conditions are favorable. Diversifying your holdings is also a good strategy to mitigate potential losses.