Is Binance buying bitcoins?

The exchange today purchased BTC for $100 million for its SAFU fund and they claim that over the next 30 days they plan to buy back up to $1 billion.

A very strange move from them, as before the dump they were allegedly selling bitcoins, now they are actively buying back, but already at discounts. They are accused of manipulation in X.

ChatGPT predicts a rise in BTC to $230k by 2028 with a probability of about 30%. There haven’t been such loud

predictions from AI yet)

$BTC