Jiang Zhuor: ETF continues to sell off, Coinbase discount intensifies

Mars Finance News, Jiang Zhuoer posted on X platform stating that ETFs continue to show a selling state, and multiple institutional products are experiencing synchronized reductions; Coinbase market prices show a significant discount, with levels falling back to the range before the major adjustments at the end of January and the end of May; the funding rate remains positive, while contract positions are at a high level, indicating concentrated leveraged positions. Jiang Zhuoer added: "Everything points to: something big is coming."
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