🎉🚀 An exciting day in the world of DeFi and Web 3! 😂 The market crashed when Mt.Gox started paying out hack victims in 2014, due to high funding rates and low liquidity. But don't worry, we are still optimistic! 💪

Over the past 24 hours, traders expecting higher prices in the futures market lost $190 million as bitcoin (BTC) fell 4%. $45 million of these losses came from altcoin futures. 😱

Traders trading Solana's SOL tokens lost almost $20 million, while those trading Bitcoin protocol Ordinals (ORDI) lost $8 million. Binance became the crypto exchange that lost the most, with a liquidation of $97 million. 😵

So, do you think the market will recover after this decline? We are waiting your comments! 🤔👇#DeFi#Web3 #cryptocurrency