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yesterday

Binance Adds 3,600 BTC to SAFU, Lifting Fund to 6,230 Coins

On-chain movement into the exchange’s emergency fund underscores a deliberate build-up of reserves during a volatile week.

Binance SAFU Fund completes third Bitcoin purchase, boosting stash to $435M
Binance traders face $1b safu pivot into bitcoin dip‑buying spree

Overview

  • Blockchain data shows the latest 3,600 BTC were moved from a Binance hot wallet into the SAFU address.
  • The fund now holds 6,230 BTC, with reported valuations ranging from about $404 million to roughly $434.5 million based on price timing.
  • The transfer occurred as bitcoin traded near $65,000 following a sharp market pullback earlier in the week.
  • Recent transactions reflect a pattern of steady accumulation rather than a one-off purchase.
  • SAFU functions as Binance’s emergency insurance fund to protect user assets, and the added BTC does not change bitcoin’s circulating supply.