Binance: SAFU Fund Hits 15,000 BTC in 2026
CZ Binance shared how the SAFU emergency reserve, launched in 2018 after a meme, now holds 15,000 BTC and will be replenished to $1B if it drops below $800M following the 2019 hack payout.
SourceAnalysis
Binance SAFU reserve originated as the meme "funds are safu" from a 2018 video and evolved into a user-protection fund that covered the full 7,000 BTC loss from the 2019 hack.
By 2026 the fund stands at 15,000 BTC with an explicit commitment to top it back to $1 billion whenever its value falls below $800 million, underscoring years of consistent accountability from CZ Binance and the exchange.
Bitcoin trades at $83036.81 inside its Bollinger Bands on the 4h chart, with price pressing the upper resistance at $83871.27 while the 50-EMA at $83652.51 acts as immediate overhead resistance and the 200-EMA at $82231.94 provides deeper support; the neutral RSI at 47.61 paired with the MACD golden cross at -380.4 suggests any rejection at the upper band will likely see a measured retracement toward the 50-EMA before the next directional move.
CZ_BNB
@cz_binanceFounder and former CEO of Binance, the world's largest cryptocurrency exchange. Shares insights on cryptocurrency adoption, blockchain technology development, and personal perspectives on building in the Web3 space, while navigating regulatory challenges and industry evolution.