IOTA Rival IOTX Trading Suspended by Coinbase
IOTA (IOTA)
Editor:
Eugene Serbin
bitcoinethereumnews.com reports that Coinbase has disabled trading for IoTeX (IOTX), a nascent blockchain project focused on decentralized physical infrastructure. Coinbase Markets confirmed that IOTX trading was switched off after the exchange first announced the suspension in late August. Regarding the suspension, Coinbase Markets stated: “We have disabled trading”.
How the market reacted
Whalio's own Binance spot order flow for IOTA, measured when this story was written up on 24 September 2026. Not the outlet's figures.
IOTA (IOTA) is currently priced at $0.04630 with a 1-hour buy ratio of 50.9%, indicating that more buyers are active than sellers in the short term. However, the 4-hour buy ratio drops to 40.8%, showing that buying pressure is fading over a slightly longer timeframe compared to the immediate hour. The 24-hour buy ratio sits at 45.6%, reflecting a balanced but slightly seller-leaning trend over the full day. Volume Delta measures the net difference between buy and sell volume; the 1-hour delta is positive at +$375, while the 4-hour and 24-hour deltas are negative at -$16,562 and -$99,328 respectively. This suggests that while there is immediate buying interest, the overall flow over the day and four hours has been dominated by sellers.
The latest daily buy ratio of 47.5% sits at the 39th percentile of the last 322 days, against a median of 48.8% - ordinary for this coin.
Was that an ordinary day?
The same Binance spot measurements for IOTA, averaged over the days leading up to the story.
Over the preceding week, IOTA saw a price increase of 18.1% and a 7-day average buy ratio of 46.7%. Today's 24-hour buy ratio of 45.6% is 1.1 percentage points below this weekly average, indicating a slightly less bullish sentiment than the recent trend. Volume has been 1.22 times the average, suggesting higher activity than usual. Net buying occurred for only 1 of the 7 days, and the total Volume Delta for the week was -$499,535. This contrasts with the positive 1-hour delta, highlighting that the recent price surge was not sustained by consistent daily net buying.