So… That Wasn’t a Rumor After All🤯.
At first it looked like one of those “wait, did that really just happen?” moments. About three hours ago, 1,315 $BTC quietly slid out of #Binance ’s hot wallet and landed in the #SAFU Fund address. Roughly $100 million worth.
There was a pause ... because the receiving wallet wasn’t the same one everyone knows for holding the $1B USDC reserve. So for a moment, it was all speculation and raised eyebrows. Was this internal shuffling or any Prep work or something else entirely?
And then… mid-post… Binance dropped the confirmation.
Yep. It was real.
Binance officially announced that the first batch of Bitcoin purchases for the SAFU Fund is complete, clocking in at a clean $100M. Just like that. What’s even wilder is the pace ... since announcing the #BTC reserve plan on 01.30, they’ve already knocked out 10% of the allocation in just four days. That still leaves $900 million to go.
The purchase landed at: SAFU Fund BTC address:
1BAuq7Vho2CEkVkUxbfU26LhwQjbCmWQkD
