Skip to main content
Featured AnalysisPrimary topicExchanges

Binance Moves 1,315 BTC into SAFU Fund as Part of $1B Rebalance

On Feb. 2, Binance transferred roughly 1,315 Bitcoin — about $100 million — into its Secure Asset Fund for Users (SAFU), an internal reclassification that begins a planned shift of the $1 billion fund toward BTC.

Feb 2, 202611:57 AMNewsroom AI

On Feb. 2, on-chain data and exchange disclosures show Binance moved roughly 1,315 BTC into its Secure Asset Fund for Users (SAFU), a holding worth about $100 million at the time of the transfer [4][5][3][1].

The transaction originated from a Binance-labeled hot wallet and went to a known SAFU address, with reports indicating no interaction with external wallets — suggesting an internal reclassification of reserves rather than an external market purchase [4][5].

The move is the first concrete step in a broader plan Binance announced on Jan. 30 to shift its $1 billion SAFU fund toward Bitcoin over a 30-day period, part of an effort to bolster the fund amid recent market declines [2][5][1].

Binance’s transfer of 1,315 BTC into SAFU represents an internal rebalance beginning the exchange’s disclosed 30-day conversion of the $1 billion reserve toward Bitcoin, according to on-chain data and company disclosures [2][4][5].

Was this useful?

Anonymous signal used only for weekly cluster rankings. No public counters.

Share

Broadcast this coverage

Copy-ready links for the networks your audience checks first.

Support independent reporting

If this summary helped, a small tip helps keep ClusterWire running.

Privacy note: we log tip UI events (page + action, and article slug when applicable) to improve the feature. We don’t store IP address, user-agent, or wallet addresses in analytics. Tips are on-chain, so the sending address is public in the transaction.

Source Ledger

Citations

Follow the primary reporting behind this analysis. Click a citation to open the referenced source in a new tab.

Themes

Themes driving this story

Curated from the cluster of sources powering this article.

BitcoinThemeExchanges/CustodyThemeSecurity/HacksThemeStablecoinsThemeDeFiTheme
Live Wire

Latest Coverage

Real-time crypto intelligence ordered by publication time.