A major cryptocurrency whale has opened a significant short position on AAVE, valued at $2.42 million, amid ongoing price volatility. The position, executed on Hyperliquid, involves a 7x leverage with an entry price of $151 and a liquidation threshold at $173. The whale, identified by the address starting with 0x3c7, has also placed a $780,000 limit short at $154, with stop-profit and stop-loss levels set at $136 and $196, respectively. This strategic move comes in response to recent fluctuations in AAVE's price, which have been influenced by large-scale whale sell-offs and internal community disputes. The activity highlights the heightened market dynamics surrounding AAVE as traders react to the cryptocurrency's turbulent price movements.