Binance has moved one other great amount of Bitcoin into its SAFU reserve fund. On-chain knowledge reveals the fund obtained 4,225 $BTC. It’s value round $299.6 million. This switch pushed the whole SAFU holdings to round 10,455 $BTC. Which is valued close to $734 million at current costs.
The transfer follows Binance’s earlier plan to shift a part of its reserves into Bitcoin. The trade had introduced in late January that it will convert about $1 billion from stablecoins into $BTC over 30 days. The objective was to extend transparency and strengthen its safety fund.
One other Main Switch Into the SAFU Pockets
Blockchain tracker Lookonchain first noticed the newest switch. The funds moved from a Binance sizzling pockets into the official Binance SAFU tackle. This reveals the switch was inner. It’s not a direct buy from an trade order ebook. Earlier inflows over the previous week already added hundreds of $BTC to the fund.
Binance SAFU Fund simply purchased one other 4,225 $BTC($299.6M), bringing its complete buy to 10,455 $BTC($734M).https://t.co/WwuOOWlMjj pic.twitter.com/CMw48KFJYS
— Lookonchain (@lookonchain) February 9, 2026
With this newest switch, the SAFU reserve crossed the ten,000 $BTC mark. That milestone provides the fund a a lot bigger Bitcoin base than earlier than. The Binance SAFU fund was created after Binance’s 2019 hack. It really works as an insurance coverage reserve to guard customers in case of main safety points. Since then, the trade has saved a portion of its income and property inside this pockets.
Inside Transfers, Not Open Market Buys
On-chain knowledge suggests Binance didn’t purchase these cash immediately available on the market. As an alternative, the $BTC got here from its personal sizzling wallets. This probably means the trade first acquired the cash off-chain. Then moved them into the Binance SAFU tackle.
This technique avoids massive, seen purchase orders that would transfer the market. It additionally permits Binance to manage how and when it allocates funds into the reserve. Bitcoin has traded across the $70,000 degree throughout these transfers. The whole accumulation over the previous week alone crossed a whole bunch of thousands and thousands of {dollars} in $BTC.
A Sign of Lengthy Time period Confidence
Some analysts see this transfer as an indication of rising institutional confidence in Bitcoin. By holding a big a part of its security fund in $BTC, Binance reveals belief within the asset’s long run worth. The Binance SAFU fund’s position is easy. It acts as a monetary cushion throughout excessive occasions. A bigger Bitcoin reserve may make that cushion stronger over time.
Nonetheless, the transfers don’t immediately have an effect on the open market. The cash principally transfer between Binance managed wallets. So, the influence on value stays restricted for now. Even so, the size of the buildup stands out. With greater than 10,000 $BTC now within the Binance SAFU pockets, it’s quietly constructing one of many bigger trade held Bitcoin reserves.
