Bithumb Halts INJ Flows for Wallet Upgrade on July 29

Woofun AI reports that Injective (INJ) deposit and withdrawal services on the South Korean exchange Bithumb will be temporarily suspended to facilitate critical wallet infrastructure upgrades.

The operational halt is scheduled to commence at 8:00 a.m. UTC on July 29, 2025, targeting maintenance and improvements to the INJ wallet infrastructure. While trading functions remain active, the ability to deposit or withdraw assets will be disabled until a separate announcement confirms reinstatement. Users are advised to finalize any pending transactions before this cutoff time to ensure seamless access to their funds.

As one of the largest cryptocurrency exchanges in a key market for digital asset trading, Bithumb’s actions carry significant weight. Although such suspensions are standard practice during wallet maintenance, they inevitably create short-term liquidity constraints for traders relying on the platform for INJ transfers. Consequently, holders should consider moving funds to external wallets before the deadline if immediate access is required during the maintenance window.

Woofun AI data shows that Injective, a decentralized exchange protocol enabling cross-chain trading and derivatives, has seen increased activity in recent months within the expanding DeFi ecosystem. These routine upgrades aim to enhance security, scalability, and user experience, yet they temporarily affect token availability and market dynamics. For a high-volume token on Korean exchanges, this suspension may lead to reduced on-chain activity from Bithumb users until normal operations resume.

Historical precedent suggests such planned maintenance events typically conclude within a few hours to a day, though exact timelines vary. This move reflects standard operational procedures for major exchanges and is unlikely to have a lasting impact on the Injective ecosystem. Users should monitor official channels for updates while finalizing transfers to avoid inconvenience.