Gifted an airplant, is this de-hydrated?

As the title says I was gifted this airplant for Christmas. I have soaked it a few times and it turns bright green but shortly after removing it the plant turns whitish and looks wilted to me. I know next to nothing about these plants and was hoping for some insight on whether this is normal or if I need to increase watering.

I do plan on trimming off the dead portions from the ends of the leaves BTW. Thanks!