Bithumb pause INJ deposits and withdrawals for Injective upgrade, trading no change
Bithumb go pause INJ deposits and withdrawals for small time from 10:00 a.m. UTC because dem dey do Injective Protocol network upgrade. INJ spot trading still dey run normal, including INJ/KRW and INJ/BTC pairs. Dem never talk when e go finish. Services go resume after dem finish backend updates, do stability and security checks, and make sure upgraded network join well. For traders, main wahala be say INJ liquidity no go move like before: you no fit withdraw INJ from Bithumb or deposit new INJ during maintenance. This fit affect arbitrage flows, custody transfers, and time-sensitive transfers. Action: finish any urgent INJ withdrawals before 10:00 a.m. UTC, and delay new INJ transfers until Bithumb confirm say everything don restore for their official channels.
Neutral
Di fit affect INJ price much because spot trading for Bithumb still dey active, so e no go too disturb supply/demand for order book. But dem don pause deposits and withdrawals, weh fit small reduce INJ liquidity on exchange and slow down arbitrage and custody transfers for small time. Dis fit cause short-term volatility around maintenance window as outside flows dry up, but any medium/long-term effect suppose limited because dem present the pause as safety step during network integration, not say asset get problem.
Short term, traders weh dey rely on quick INJ transfers fit rush before cutoff (before 10:00 UTC), make near-term activity increase. After services start again, liquidity go normal and reduce long-run effects.