Coinbase has suspended the trading of Movement (MOVE) effective May 15, 2025, citing evidence of insider profit-taking. This decision follows a period of rapid price fluctuations and revelations of alleged market manipulation by those involved with the project. Coinbase’s listing of MOVE in the past months saw drastic changes due to erratic price movements and accusations of insider selling by certain market makers. The company announced its intention to suspend trading for MOVE on or around 2 PM ET, citing recent reviews of its assets that led to this decision. Despite the suspension, MOVE continues to trade on other platforms like Binance, which is one of the leading markets for the token after it was delisted by Coinbase. The token’s value has declined significantly since news of the delisting and the delayed MoveDrop event. The project’s long-awaited MoveDrop, intended to distribute tokens to users in a reward system, has been delayed due to challenging market conditions.