Crypto Daily Scoop

Binance spends half SAFU Bitcoin, valued near $580 million

Data indicates that Binance has utilized half of its SAFU bitcoin reserves, amounting to roughly $580 million.

CoinDesk

Consequently, the fund's current balance has fallen below the $800 million threshold stipulated by Binance's internal guidelines for triggering a replenishment, yet the platform has offered no timeline for when this top-up will occur.

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