Binance Starts to Buy $1 Billion BTC, What It Means for Bitcoin

Binance starts to buy $1 billion BTC, what it means for bitcoin

The $100 million transfer follows the exchange's Jan. 30 announcement that it would shift the SAFU fund toward bitcoin over a 30-day period.

Binance SAFU Fund Adds 1,315 Bitcoin ($100M) Amid Market Weakness – Details

Binance has returned to the center of market attention following the October 10 crash, an event that marked one of the most violent deleveraging episodes of the current cycle. On that day, a sharp wave of liquidations swept through derivatives markets, erasing billions in open interest and exposing the extent of excessive leverage across multiple […]

Binance Deploys $100M SAFU Fund to Buy Bitcoin Dip: Or?

If the USD were to crash -10% today, the Fed would surely intervene. They wouldn’t even blink. The central bank has, in the past, intervened even in mundane situations. To ease market volatility, they might choose to tighten monetary policy. The pace would depend on prevailing conditions at that time. In the case of Bitcoin and other cryptos, there is no third party. All these coins exist outside the financial system and are, for lack of a bette…

First Batch Complete: Binance Starts Executing a $1B Bitcoin Buying Plan

Binance has begun shifting its $1 billion user protection fund into bitcoin, converting stablecoin reserves as part of a broader move to anchor SAFU in what it calls crypto’s most durable asset. Binance Begins $1B Bitcoin Accumulation Plan With First $100M Allocation Crypto exchange Binance shared on social media platform X on Feb. 2 that […]

Binance Reallocates 1,315 Bitcoin to SAFU Fund Amid Reserve Shift and Community Criticism

Bitcoin experienced heightened volatility over the weekend, with sharp intraday price swings driven by broader market uncertainty and thin weekend liquidity. The moves prompted renewed discussion around exchange risk management, liquidity, and reserve transparency as market participants assessed potential sources of selling pressure.Against that backdrop, Binance transferred approximately 1,315 Bitcoin, valued at about $100 million at the time o…

Binance Deploys $100 Million Market Support Program While Bitcoin Extends Losses

TL;DR Binance executed the first SAFU fund conversion by purchasing 1,315 BTC for $100.7 million, kicking off a $1,000 million migration plan. The fund’s structure includes rebalancing rules that require additional BTC purchases if its value falls below defined thresholds. On-chain data showed accumulation signals from large holders and whales. Binance carried out its first Bitcoin purchase under its $1,000 million SAFU fund conversion plan. Th…