CryptoWorld News: Jiang Zhuoer, founder of Laibit Mining Pool, issued a warning that the crypto market may be on the verge of a major move. He noted that U.S. stock ETF funds are currently experiencing continuous outflows, and the Coinbase basis has dropped to levels seen before the sharp declines at the end of January and the end of May, reflecting a severe depletion of non-ETF buying power. Additionally, the current market funding rate is positive and open interest remains high, providing ample fuel for cascading liquidations, signaling that the market could be headed for significant volatility.