List of Flash News about crypto derivatives settlement
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2025-05-27 19:03 |
Coinbase Suspends MOVE-PERP Trading: Final Settlement at $0.17322 USDC – Crypto Market Implications
According to Coinbase International Exchange, trading for MOVE-PERP has been officially suspended, and all remaining open positions were automatically settled at the final price of $0.17322 USDC, based on the 60-minute average index price before the halt (Source: @CoinbaseIntExch, May 27, 2025). This decisive action eliminates MOVE-PERP exposure, impacting traders who relied on MOVE-contract volatility strategies. The settlement standardizes risk management and may drive traders toward alternative derivatives, affecting liquidity and volatility in related crypto perpetual markets. |