Coinbase switched trading mode for MOVE, the cryptocurrency developed by Movement Labs, to limit-only, restricting execution to set prices, before announcing the suspension
Claim
Quotes that support claims
Coinbase said it has already switched its order books to "limit-only mode" for MOVE tokens, meaning trades will only be executed at certain prices, rather than a token's spot price.
We have moved our MOVE order books to limit-only mode. Limit orders can be placed and canceled, and matches may occur.
Referenced by
Institutional fallout and reactions
Crypto news
Data block