Crypto transfer from online hot storage to cold storage device

[yatoshura]

I transferred some crypto from Binance US online to my Ledger wallet device in 2024. I did not buy nor sell any of the coins. Just transferred from one wallet to another. Do I need to report any of these transactions?

[JamesG1]

Wallet to wallet transfers are not a taxable event.

See IRS FAQ question 38

A38

No. If you transfer virtual currency from a wallet, address, or account belonging to you, to another wallet, address, or account that also belongs to you, then the transfer is a non-taxable event, even if you receive an information return from an exchange or platform as a result of the transfer.