I believe everyone has seen the news about AAVE this morning—whale dumps, community disputes, and wild price swings. But what’s truly worth paying attention to are the clever strategies behind the big funds.

There is an address starting with 0x3c7 that directly opened a 7x leveraged short position on a certain public chain contract platform, with a position of $2.42 million, an average entry price of $151, and a liquidation line set at $173. And this is just the tip of the iceberg—he also has a limit short order of 78,000 at $154, waiting for an opportunity to add to the position, while setting take-profit and stop-loss levels at $136 and $196 respectively.

Seeing this, you can sense that this is not impulsive gambling; it’s a carefully calculated hunting operation.

Why do I say that?

**7x leverage is not aggressive**—in the contract market, this level is quite restrained, reflecting that the operator aims for steady gains, not reckless gambling.

**Layered orders follow a logical pattern**—opening part of the position at the current price, then adding more at higher levels. This is a typical phased accumulation strategy, effectively increasing trading success rate.

**Clear risk control measures**—take-profit and stop-loss are set in advance, with strict discipline in execution, leaving no room for ambiguity.

On-chain data is the most honest. This major holder is already the largest AAVE short position on the platform, currently with a floating profit of 17%. If his judgment is correct, subsequent funds are likely to follow suit, and AAVE could face significant short-term pressure, potentially dragging down the sentiment of the entire small-cap market.

My straightforward assessment: don’t just focus on the ups and downs of the K-line chart—pay close attention to how big funds are positioning themselves. This short operation is almost a textbook example of a bearish tactical case. Based on current signs, the probability of short-term market suppression is indeed increasing.

Next, I will focus on two key signals:

**Whether the price can effectively break below the $136 take-profit level**—once broken, it indicates the initial target of the shorts has been achieved.

**Whether the limit short order at $154 will be triggered**—if this order is filled, it means the add-to-position plan is in effect, and the short force will further strengthen.

As long as one of these two points occurs, it can be confidently confirmed that the short-term rhythm has been established.