🔥Binance SAFU is aggressively accumulating $BTC .

Over the past week, Binance’s SAFU wallet address has been consistently buying $BTC from sell-offs on the exchange.

In total, 10,455 BTC worth $733M has been accumulated into the wallet, with an average entry price of $70,000 per BTC.

SAFU wallet address:
1BAuq7Vho2CEkVkUxbfU26LhwQjbCmWQkD

Despite the market turning negative, Binance’s decision to accumulate BTC at this time shows strong conviction and a long term vision for Bitcoin’s growth, similar to what Strategy is currently doing.

The move to convert $1 billion in stablecoins from the SAFU fund into BTC makes that even clearer.

The launch of the SAFU fund demonstrates a plan to maintain $BTC’s value and strengthen the crypto community’s confidence.

If the price of BTC drops and causes the SAFU fund to fall below $800 million, Binance will top it up to restore the fund back to $1 billion.

Binance emphasizes action over words.

Are you accumulating $BTC the same way Binance is?