Binance Halts CTK Deposits & Withdrawals for Shentu Fork

Published: 2025-10-23 12:05:51 |

Binance will suspend CTK deposits and withdrawals from 20:00 UTC on October 24, 2025 to support Shentu’s hard fork upgrade at block height 26,267,300, expected by 21:00 UTC. CTK transfers on the Shentu network will pause, though Binance spot trading remains unaffected. Users should complete any CTK deposit or withdrawal requests beforehand. Deposits and withdrawals will resume once network stability is confirmed. The upgrade aims to enhance Shentu performance and transaction security. Crypto traders should monitor official channels and adjust positions to manage risks during the upgrade.

Neutral

The CTK deposit and withdrawal pause is a brief technical measure and does not affect spot trading, limiting short-term sell pressure. The Shentu network upgrade enhances performance and transaction security, supporting CTK’s long-term fundamentals. Overall, the news is expected to have minimal immediate price impact, with neutral market reaction but potential positive sentiment post-upgrade.