Latest Update
2026-10-31 07:52 UTC

Binance: SAFU Fund Transfers 7,500 BTC

Binance: SAFU Fund Transfers 7,500 BTC

Lookonchain reports Binance SAFU Fund moved 7,500 BTC valued at $580.88 million to a new wallet in a single transaction one hour ago.

Source

Analysis

Binance SAFU Fund shifted 7,500 BTC ($580.88M) to a fresh wallet, according to on-chain tracker @lookonchain.

Binance has executed similar large internal reallocations over the past year for security and operational housekeeping, consistent with its role serving over 320 million users across 180 countries.

Price sits at $77600.31 inside the Bollinger Bands with upper resistance at $82522.5. The bearish EMA50 at $79781.87 and EMA200 at $81337.81 act as overhead resistance while MACD death cross and neutral RSI at 39.25 keep downside pressure intact toward the lower band at $75566.57.


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