A cold IP is an IP address with no sending history — a new IP that ISPs have not seen traffic from before. Sending high volumes of email from a cold IP is one of the fastest ways to get blacklisted or spam-filtered.
Why cold IPs are risky:
ISPs see a large volume of email from an unknown IP as a hallmark of a spam operation. Legitimate, established senders have gradual, consistent sending histories — sudden bursts from unknown IPs match the pattern of spam botnets.
Solution: IP warm-up — gradually increasing sending volume from the IP over several weeks while maintaining excellent engagement metrics. See IP Warm-Up.