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BAREAKING NEWS:-

Binance traders face $1B SAFU pivot into Bitcoin dip‑buying spree:

Binance has bought another 3,600 BTC for its SAFU fund, lifting the stash to 6,230 BTC as it races to convert roughly $1B in user‑protection reserves into Bitcoin within 30 days.

Binance has quietly turned its emergency war chest into a live buyer of market dips, confirming that its Secure Asset Fund for Users (SAFU) has snapped up another 3,600 bitcoin using roughly $250M in stablecoins. The move lifts the SAFU wallet’s on‑chain stash to 6,230 BTC as the exchange races to complete a previously announced conversion of the entire $1B fund into bitcoin within 30 days.

SAFU’s bitcoin

$BTC $BTC $ETH

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