📱 Binance moved $200M into BTC - but no pump. Here’s why.⬇️

Binance is steadily converting its SAFU fund from stablecoins into Bitcoin, having already bought two tranches of about 1,315 BTC (~$100.7M) each - roughly 2,630 BTC (~$201M) in 2 days as part of a $1B conversion plan.

💁 Yet BTC price stayed in a narrow range. Why? It’s about mechanics:
▪️ Binance is gradually accumulating over ~30 days, not doing a single aggressive buy.
▪️ Concurrently, spot Bitcoin ETF outflows are heavy, retail demand is weak, and futures liquidations are pressuring price.
▪️ SAFU’s approach is about structural accumulation, not short-term market timing or triggering a quick spike.

📊 So.. This is a long-term strategic accumulation, not a one-off pump catalyst.
$BTC $BNB $SOL

BNB

606.18

-2.68%

SOL

80.92

-4.81%

BTC

66,800.51

-1.92%