Bithumb and Upbit just released the same announcement - starting from November 19, the deposit and withdrawal of HIVE will be paused. The official reason given is that the Hive network is preparing for a major upgrade.

Both leading platforms in South Korea are taking action simultaneously, indicating that this hard fork is not to be taken lightly. For friends holding HIVE, their assets are basically locked on the chain or in exchanges during this period. If the market suddenly surges or crashes, there will be no way to adjust their positions.

Here’s a practical suggestion: transfer what needs to be transferred and lay low on what needs to be laid low before the 19th. Don’t wait until the last minute and end up in a rush. Also, keep a close eye on official updates to see when deposits and withdrawals will resume. Such hard forks typically take at least three to five days for maintenance, and if the market does anything unexpected during that period, the arbitrage opportunities and stop-loss windows will become quite passive. It’s always better to have a plan in advance.