Key tokens have experienced a significant decline of up to 7.5% in the last 24 hours. While Bitcoin lost 3%, other major cryptocurrencies such as Ethereum, Cardano, and Solana also saw declines. 😱

This decline led to the liquidation of bull bets worth over $150 million due to factors such as massive sell-offs by Bitcoin miners, the German government moving a significant amount of BTC to exchanges, and overall market sentiment affected by these movements. 📉

Solana's SOL was down 7% Monday morning trading at around $120, while meme coins dogecoin and shiba inu (SHIB) were down almost 5%. CoinDesk 20 (CD20) is down just over 4% when tracking major tokens issuing stablecoins. 📊

Some funds attributed the losses to massive sell-offs from Bitcoin miners and the German government's tendency to move significant amounts of BTC to exchanges. 🤔

So what do you think? We are waiting your comments!#DeFi#Web3 🚀🚀