A significant liquidation event occurred for $AAVE with a long position valued at $87.1K being liquidated at a price of $178.10. This liquidation highlights the ongoing volatility in the market where sudden price movements can trigger forced sales of leveraged positions. Such events can create additional downward pressure on the price further contributing to market instability. Traders involved in high-leverage positions need to remain cautious as rapid price swings like this can lead to substantial losses and forced liquidations.