Binance: SAFU Fund Shows $221M BTC Unrealized Gain

Binance SAFU fund accumulated 15,000 BTC from February 2 to 12 at an average cost of $66,666.66 for roughly $1 billion, now reflecting $221 million in unrealized gains at prevailing prices near $81,000 for a 21.5% return, with the final 4,545 BTC tranche completed recently and minimal visible price impact during the buying window.

Price action on the 4h chart shows a bullish structure above both EMA50 at $73,392.76 and EMA200 at $67,448.58 yet tests upper Bollinger Band resistance at $79,861.98 while RSI(14) at 76.47 signals overbought conditions and MACD registers a death cross, pointing to probable near-term retracement toward the 50-EMA support before any continuation higher.