Coinbase INIT-PERP Market Halt: Traders Face Uncertainty as Positions Remain Unchanged

This move by Coinbase, which affects only the INIT-PERP market on its International and Advanced platforms, has brought about uncertainty for users. These platforms are designed for experienced crypto traders who engage with advanced products like perpetual futures, not typically offered to casual investors. However, a halt such as this presents challenges for active traders, leaving them to navigate a new reality in a volatile market.