Binance SAFU: Gains $177M on BTC Buy | Flash News Detail | Blockchain.News
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5/5/2026 2:52:00 PM

Binance SAFU: Gains $177M on BTC Buy

Binance SAFU: Gains $177M on BTC Buy

Binance SAFU Fund acquired 15,000 BTC for $1.22B in February at $69,244 each, now profiting $177M as BTC surges to $81,665 amid bullish trends.

Source

Analysis

The Binance SAFU Fund wallet snapped up 15,000 BTC worth $1.22 billion back in February, paying around $69,244 per coin, and that position now sits on unrealized gains of roughly $177 million as Bitcoin climbs higher in 2026's volatile market—highlighting institutional confidence amid ongoing BTC price prediction debates and potential crypto market crash risks, while weaving in hype around trending assets like TAO in broader ecosystem plays.

Zooming into the 4-hour chart, Bitcoin trades at $81,665.97, firmly in bullish territory with the EMA50 at $78,486.66 acting as immediate support and the EMA200 at $75,092.3 reinforcing the longer-term uptrend. Momentum screams overbought with RSI(14) hitting 70.75, while MACD(12,26) flashes a strong bullish golden cross at 900.58—yet price tests the upper Bollinger Band resistance near $81,606.83, suggesting exhaustion could trigger a pullback to that EMA50 level before resuming the grind higher, especially if lower support at $77,225.09 holds firm against any BTC volatility spikes.


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