ChainCatcher reports, according to Hyperinsight monitoring, following sharp price fluctuations in AAVE tokens due to whale sell-offs and escalating community disputes, the large short position on AAVE held by address starting with 0x3c7 has opened a new 7x leveraged AAVE short position, with a position size of $2.42 million, an average price of $151, a liquidation price of $173, currently showing a slight floating profit of 17%, making it the largest short position on AAVE on Hyperliquid.
Apart from this position, the address also has a limit short order of approximately $780,000 at $154, which has not yet been executed. Additionally, it has set take-profit and stop-loss orders for the position: planning to reduce the position at $136 for take-profit and at $196 for stop-loss.
