AAVE's recent developments have indeed become more complicated. A large holder directly opened a 7x leveraged short position, causing the project founder to be trapped with 15 million USD. In a rush to defend the price, another wave came—new big players投入242万美金，继续加码7倍杠杆做空。这不仅仅是市场的普通波动，明显是在针对项目内部的问题下手。

The logic of the big players is actually very clear: community conflicts, the founder’s failed defense—these are all short-term vulnerabilities of the project. They don't really care about AAVE's long-term value; they focus on the chaos and volatility in front of them, amplifying these risks into profits with high leverage.

This incident exposes several real issues:

**Basic fundamentals may not withstand quantitative manipulation**. No matter how strong your faith or how solid your project fundamentals are, in the short term, they can be broken by precise attacks from large capital.

**Governance risk is a breeding ground for short-selling**. Once the community splits or the team faces controversy, perceptive capital will immediately position itself, magnify the problems infinitely, and then harvest profits.

**Individual investors and large holders are on completely different scales**. They have comprehensive stop-loss and take-profit plans; fighting against them is essentially giving away money.

What should retail investors do in such situations? The most practical advice is: don’t rush to buy the dip. When community conflicts are unresolved, parties are still fiercely battling, and the trend is unclear, the smartest choice is to wait. Wait until internal issues are resolved, the big players’ battles settle down, and the chart stabilizes, then make judgments based on the project’s intrinsic value.

This is the way to protect yourself in such an environment.