withdrawal

The South Korean cryptocurrency exchange Upbit announced that due to the Injective (INJ) network upgrade, the deposit and withdrawal services for INJ will be suspended starting from June 4 at 19:00 Beijing time (20:00 Korean time) until the network stability confirmation is completed.The announcement indicates that this suspension only affects the deposit and withdrawal functions of INJ, while spot trading will continue as normal. Upbit reminds users that conducting on-chain transfers during the suspension period may lead to delays in arrival, and in extreme cases, there may even be a risk of irreversible loss.Upbit stated that it will maintain close cooperation with the Injective project team to ensure the safety of user assets and will issue a separate notice to resume deposit and withdrawal services once the network stabilizes.

According to Onchain Lens monitoring, a newly created address withdrew 810.3 BTC from Binance through multiple wallets, worth approximately 54.11 million USD.

According to developer donnoh, due to a vulnerability that occurred during a recent upgrade, the status updates of the Base network have been stagnant for over 30 hours. However, since the withdrawal from Base to the Ethereum mainnet requires about a 7-day challenge period, most ordinary users have not yet noticeably perceived this anomaly.Subsequently, the official Base status page released an announcement confirming that the issue originated from a fault related to the TEE (Trusted Execution Environment) enclave, which caused the network proposal process to be interrupted, thereby affecting the status update process.The official statement indicated that the withdrawal function of the Base mainnet is currently experiencing delays, and the team is working on repairs. Aside from the withdrawal process, other core network components have not been directly affected.

According to Onchain Lens monitoring, a whale address withdrew 2,872 ZEC from Binance, worth approximately $1.66 million. After this withdrawal, the address holds 14,595 ZEC, valued at about $8.35 million at current prices. On-chain data shows that this position currently has an unrealized profit of about $3.367 million, indicating that the holder is still in a significantly profitable state.

According to the official announcement, Binance is expected to suspend token deposits and withdrawals on the Base network on May 29, 2026, at 01:00 to support its network upgrade and hard fork. Token trading on the aforementioned network will not be affected. The project team expects to carry out the network upgrade and hard fork on May 29, 2026, at 02:00.

The latest report from the blockchain analysis platform Swissblock shows that Bitcoin is gradually slipping into a high-risk environment, primarily due to continuous selling by institutional funds, especially driven by net outflows from the U.S. spot Bitcoin ETF. Historical data indicates that whenever this index signals selling pressure overwhelming the market at a structural level, it often corresponds to systematic distribution behavior by institutional funds.On-chain data analysis firm Glassnode also pointed out that since May 7, the U.S. Bitcoin spot ETF has shown net outflows almost every trading day, with institutional selling signals persisting for over two weeks. "Such continuous capital outflows are exerting pressure on the supply side of the market, while currently, there has not been sufficient buying demand to hedge against this," further exacerbating the risk of supply-demand imbalance.In the market, Bitcoin faced short-term pressure on Tuesday due to geopolitical disturbances. Reports indicated that the U.S. is implementing a new round of military strikes against Iran, despite recent progress on a peace agreement between the two sides. Bitcoin's price fell by about 1%, briefly dipping from above $77,000 to around $76,500, but overall it still maintained a range-bound pattern for nearly four months.CoinEx Chief Analyst Jeff Ko stated that although geopolitical events may trigger short-term volatility, the market focus may still lean towards potential reconciliation progress between the U.S. and Iran, with the overall cryptocurrency market "still in a wait-and-see state." In summary, the current Bitcoin market faces dual pressures: on one hand, the continuous outflow of spot ETF funds has weakened key buying support; on the other hand, geopolitical uncertainty has amplified short-term volatility risks. If institutional risk appetite does not improve marginally, the risk index may rise further, necessitating caution against the adjustment pressure brought by technical selling and emotional resonance.

The U.S. spot Bitcoin ETF recorded a net outflow of approximately $1.26 billion this week, marking the largest single-week capital outflow since late January of this year, and has seen net redemptions for six consecutive trading days. Data shows that this type of product saw an outflow of about $649 million just on Monday. Although there was some easing in the following days, the overall trend of continuous outflow remained. Market participants pointed out that the recent rise in U.S. Treasury yields, the strengthening of the dollar, and geopolitical tensions are among the main reasons for the capital withdrawal.At the same time, Ethereum ETFs are also under pressure, experiencing net outflows for 10 consecutive trading days, the longest outflow period since March 2025. The total outflow for the week was approximately $216 million. Among them, BlackRock's iShares Bitcoin Trust (IBIT) currently manages assets of about $61.1 billion, but this is still below the cumulative capital inflow of about $3.7 billion, indicating that recent market price fluctuations have impacted the value of holdings. As of the ETF trading day's close, the Bitcoin price was around $77,500, and Ethereum was about $2,130, maintaining a narrow range of fluctuations overall. Despite the significant short-term capital outflow, the spot Bitcoin ETF has still seen a cumulative net inflow of about $57.1 billion since its launch, with an asset scale of approximately $98.9 billion.

According to an official announcement, the South Korean cryptocurrency exchange Bithumb has announced that starting from May 21, 2026, it will immediately restrict all virtual asset deposit and withdrawal transactions related to the overseas payment platform Heleket.The announcement stated that Heleket is suspected of being associated with illegal activities such as money laundering and funding intimidation. Bithumb indicated that this move is to comply with relevant regulations such as the Specific Financial Information Act and the Virtual Asset User Protection Act, and to protect user asset security. Bithumb also reminded users that using unverified overseas services may face risks such as hacking attacks and interruptions in deposits and withdrawals.

According to Arkham data monitoring, a certain address (0xBED9 **** ABb2a) withdrew 142,000 HYPE from Gate 2 hours ago, worth approximately 7.9 million dollars. Subsequently, the address transferred all of the tokens to a new address starting with 0x8Fa4.

According to Onchain Lens monitoring, a newly created wallet withdrew 11,827 ZEC from Binance, worth 7.97 million dollars.

Upbit announced that due to the Filecoin (FIL) network upgrade, the deposit and withdrawal services for FIL will be suspended starting from May 27, 2026, at 18:00 (KST), until the network stability is confirmed and restored.The announcement indicates that the suspension only involves the on-chain deposit and withdrawal functions of FIL, and trading services will not be affected and can proceed normally.Upbit stated that during the upgrade period, deposits of the relevant assets may not be credited properly or may experience delays. Some transactions may still occur at the network level, but the platform will confirm and process the credits uniformly after the maintenance is completed.In addition, functions such as withdrawal address registration and deposit refunds will also be temporarily suspended, and the recovery time will be notified through subsequent announcements.

According to the official announcement, Websea officially opened withdrawals on May 18 at 16:00 (UTC+8), marking the platform's entry into a substantial and comprehensive recovery phase. The resumption of withdrawals is being carried out in an orderly manner with the support of strategic investors. According to previous news, the platform has reached a strategic cooperation intention with a Middle Eastern family fund to fully support the platform's long-term operation and development.At the same time, the platform will advance the Proof of Reserves (PoR) process construction and plans to conduct regular disclosures, enhancing the transparency and verifiability of the platform's assets through a combination of on-chain verification and third-party audits. The platform has also publicly disclosed reserve funds and hot wallet addresses for user inquiry and supervision.Websea CMO Herbert R. Sim stated that the opening of withdrawals is an important milestone in the full restoration of operational order. In the future, the platform will promote withdrawals to be fully and completely open based on business recovery and market conditions, and will continue to improve the risk control and asset protection system, pushing the platform into a more robust development phase.

Kelp announced on platform X that the rsETH protocol has fully resumed normal operation, and the related functions have been re-launched on the mainnet and all Layer 2 networks, with the overall system status restored to normal levels. The rsETH exchange rate has been updated, accounting for all staking reward earnings accumulated during the suspension period. Meanwhile, EIGEN rewards are now open for distribution to rsETH holders, covering the entire suspension period.In addition, the deposit and withdrawal functions have been restored on the mainnet and Layer 2 networks, and the rsETH asset support status has been fully restored to 100% backing. The official emphasized that the current rsETH has achieved complete and sufficient support on the mainnet and L2 networks, and all operational processes have returned to normal.

The South Korean cryptocurrency exchange Upbit announced that due to the hard fork upgrade of the Polygon network, it will suspend the deposit and withdrawal services for related assets starting from May 21, 2026, at 20:00 (KST), until the network stability is restored.The affected assets include Polygon Ecosystem Token (POL), STEPN (GMT), and NFT assets based on the Polygon network.The announcement stated that this suspension only involves on-chain deposit and withdrawal functions, and spot trading will not be affected.Upbit reminds users that transfers made before and after the suspension may experience delays or may not be credited, and related processing will be carried out in order after the network is restored.

UPBIT will end trading support for NKN (NKN) on June 15 at 15:00, with the affected trading pair being NKN/BTC. Users must complete withdrawals by July 16; otherwise, related assets will not be processed.

According to the official announcement, the digital asset trading platform Websea has reached an investment intention with a strategic investor and will officially open withdrawals on May 18 at 16:00 (UTC+8), while also announcing specific withdrawal arrangements.It is reported that this strategic investment comes from a family fund in the Middle East. Both parties have conducted multiple rounds of in-depth communication on core issues such as the platform's asset status, business structure optimization, recovery path design, and long-term development planning, ultimately reaching a consensus for cooperation. Currently, the investor is advancing the capital injection process according to procedures, while simultaneously carrying out final confirmation work such as legal review, agreement signing, and equity arrangements.Websea CMO Herbert R. Sim stated that Websea has gone through an exceptionally difficult time, but in the face of many doubts from the industry, the platform team members have been working silently and have finally welcomed new life. He believes that this test is both a challenge and an opportunity for the platform. He also mentioned that with the entry of the investor, the platform will publish proof of reserves (Proof of Reserves, POR) and conduct regular disclosures to further enhance user asset transparency and market confidence. The platform will also continue to optimize its product structure and ecological mechanisms to promote long-term stable development.

According to on-chain analyst Onchain Lens (@OnchainLens), in the past 2 hours, Alameda Research withdrew 162.64 BTC, 274.29 ETH, 315,299 MASK, and 6.877 million USDT from KuCoin, with a total value exceeding 20 million dollars.Among them, BTC is worth approximately 13.21 million dollars, ETH is worth approximately 630,000 dollars, and MASK is worth approximately 168,000 dollars.

According to on-chain analyst Yu Jin's monitoring, ETH has dropped back to the average long position price of the "Hyperliquid largest bull," and its previous $10 million floating profit has basically been given back. After returning to the cost line, it has slightly increased its long position by 9,000 ETH, bringing the total position to 108,000 ETH ($245 million), with an opening price of $2,271.

According to the official announcement, OKX will suspend the deposit and withdrawal services for all tokens on the Ronin network on May 12 at 22:00. The services will resume after the network upgrade is completed. Please note that trading of the relevant tokens will continue as normal, and users do not need to take any action.

According to Onchain Lens monitoring, BIT has withdrawn 3,300 ETH (approximately 7.72 million USD) from Binance again, along with the 5,000 ETH withdrawn from Binance one hour ago, totaling 8,300 ETH (worth 19.38 million USD) withdrawn from Binance today.