According to @ai_9684xtpa, on-chain address 0xa923b13270f8622b5d5960634200dc4302b7611e sold 230,350 AAVE in multiple batches over roughly three hours for about $38 million and rotated proceeds into stETH and WBTC, with an estimated cost basis of $223.4 per AAVE implying realized losses over $13.44 million, source: @ai_9684xtpa on X, Dec 22, 2025. According to @ai_9684xtpa, AAVE fell to a session low of $156.2 during the liquidation, marking a maximum drawdown of 11.48 percent before rebounding to $162.6 by the time of the post, source: @ai_9684xtpa on X, Dec 22, 2025. The wallet’s rotations into stETH and WBTC can be verified via the DeBank profile for address 0xa923b13270f8622b5d5960634200dc4302b7611e shared in the post, source: DeBank profile for 0xa923b13270f8622b5d5960634200dc4302b7611e as referenced by @ai_9684xtpa on X, Dec 22, 2025. For traders, the observed AAVE price range from 156.2 to 162.6 defined the immediate reaction zone during the event, derived from the reported prices, source: @ai_9684xtpa on X, Dec 22, 2025.