Is There a Difference Between Hot and Cold Wallets?

In theory, you could have a single wallet which you control. You would be able to rebalance across multiple exchanges at the same time. That support lightning up to the stoci amount never leaving as more than is actually needed on the specific position. We've neve really had this before,. like maybe in the traditional world, maybe analogy to this is more like, i candage, right? Where if you had a position and you geser some credit there for it, perhaps you didn't have anying on it, basically. But in, we don't have that yet. And so ye,  it's something quite magical about how people can split their chain off