Binance: SAFU Fund Holds $1.27B Bitcoin
Binance SAFU fund holds $1.27B Bitcoin after $1B purchase at $66,667 average for $270M unrealized profit as BTC trades at $85242.9 with bullish 4h confluence.
SourceAnalysis
Binance’s SAFU fund now holds more than $1.27B in Bitcoin after acquiring $1B at an average $66,667, locking in roughly $270M unrealized profit at the current BTC price of $85242.9. Binance serves over 320 million users globally and the fund’s performance underscores disciplined accumulation during the past year. Price action shows a bullish trend with EMA50 at $84353.22 and EMA200 at $81125.27 acting as layered support while MACD prints a golden cross at 256.96; with price testing upper Bollinger resistance at $86114.89 and RSI at 57.54, a measured pullback toward the 50-EMA appears likely before continuation. This technical setup feeds directly into updated BTC price prediction models and broader crypto market analysis for institutional desks tracking Binance SAFU fund Bitcoin holdings.
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.