Upbit don suspend INJ, deposits and withdrawals dey pause
South Korean exchange Upbit go stop deposits and withdrawals of Injective (INJ) tokens from 03:00 UTC on August 19. This suspension na support for the upcoming Injective network upgrade and dem wan protect user funds during protocol changes. Only deposits and withdrawals go stop; trading pairs for INJ still dey active. People wey dey plan to move their INJ make dem do am before the deadline and make dem watch official Upbit channels for updates when e go resume. Even though trading still dey, temporary changes in liquidity fit affect price and arbitrage strategies across markets. Before before, upgrade-related freezes like Ethereum hard forks dey cause short-term volatility but e no too affect long term once service don start again. Overall, the pause for INJ deposit and withdrawal na routine maintenance step. E show Upbit commitment to network security and Injective ecosystem development. Traders make dem prepare for possible liquidity adjustments but the upgrade go improve Injective performance and security for long run.
Neutral
Di suspension for Upbit INJ na standard maintenance measure wey connect to Injective network upgrade. Historically, similar deposit and withdrawal freezes—like during Ethereum hard forks—don cause short-term liquidity shifts and price volatility but e no get big long-term impact once dem resume service. Trading dey still active, and the pause show say Upbit dey focus on security. As the upgrade complete, Injective better performance and security fit help steady market conditions. Traders suppose expect small small liquidity adjustments but no major direction change.