WazirX: Asset rebalancing is underway, and the flow of wallet funds is normal
On December 13, Indian crypto trading platform WazirX tweeted that it is in the process of asset rebalancing. During this process, users may notice the flow of funds between cold wallets.
The official said that the temporary consolidation of assets is a necessary step for the final distribution to ensure the safety of cold wallets. Once the rebalancing and wallet management work is completed, a complete list of all cold wallets and their respective holdings will be shared.