Binance Buys 4,225 BTC, $300M SAFU Move Shakes Market
The post Binance Buys 4,225 BTC, $300M SAFU Move Shakes Market appeared on BitcoinEthereumNews.com.
Key Insights: Binance converts $300M in stablecoins to BTC, strengthening its user protection reserve. SAFU fund rebalancing in progress; more Bitcoin buys expected in coming days. USD1 stablecoin ties spark political focus as Binance continues WLFI airdrop campaign. Binance Buys 4,225 BTC, $300M SAFU Move Shakes Market Binance has purchased 4,225 BTC using $300 million worth of stablecoins. The transaction is part of a broader effort to adjust the balance of its Secure Asset Fund for Users (SAFU), a reserve created to protect customer assets during emergencies. Following the transaction, the fund now holds a total of 10,455 BTC. The exchange shared a public wallet address and transaction ID to confirm the move on-chain. The purchase represents a key step in the plan to shift a large portion of SAFU reserves from stablecoins into Bitcoin. Reserve Rebalancing Still in Progress Binance previously announced its goal to convert as much as $1 billion from the SAFU fund into BTC over a 30-day period. The process is still ongoing, and the exchange has stated that further conversions will follow. According to Binance, if the fund’s total value drops below $800 million due to market shifts, it will be rebalanced back to the $1 billion target. This mechanism is meant to maintain the fund’s strength regardless of Bitcoin’s price movements. SAFU was created to offer a financial safety net during extreme situations. The fund plays a key role in Binance’s internal risk management structure. USD1 Stablecoin Tied to Binance Holdings At the same time, USD1 — a stablecoin issued by World Liberty Financial — has reached a total supply of $5 billion. Data from Arkham and Nansen suggests that around 85% of this amount is currently held in Binance accounts. The large share of USD1 on the platform has raised new questions about…
Filed under: News - @ February 9, 2026 11:27 am