AAVE price volatility caused by whale selling and community controversy; a whale opened a new short position of 7x for AAVE.

[Whale Sell-Off and Community Controversy Cause AAVE Price Volatility; "Large-Scale Short of AAVE" by a Whale Opens 7x Leverage Short Position] According to Mars Finance, on December 24th, Hyperinsight monitored that after AAVE token price fluctuated sharply due to whale short and escalating community controversy, an address starting with 0x3c7 opened a new 7x leveraged short position in AAVE, with a holding size of $2.42 million, an average price of $151, and a liquidation price of $173. Currently, it has a small unrealized profit of 17%, making it the largest short position in AAVE on Hyperliquid. In addition to this position, the address also has a limit short order of approximately $780,000 at $154, which has not yet been filled. Simultaneously, it has placed take-profit and stop-loss orders for its holdings: planning to execute a take-profit order at $136 and a stop-loss order at $196.