Crypto exchange news: On the X platform, Jiang Zhuoer said that ETFs are continuing to be sold off, and that multiple institutions are cutting their positions at the same time. The Coinbase market price has swung back to the range prior to the adjustments made at the end of January and at the end of May, while the funding rate remains positive. Contract open interest is at a high level, with leveraged positions concentrated. All signals point to something big coming.