Binance moves 1,315 BTC in internal reserve reclassification into SAFU Fund

Crypto exchange Binance has transferred roughly $100 million in Bitcoin to its Secure Asset Fund for Users (SAFU). On-chain data indicates that approximately 1,315 BTC was transferred in one transaction from a Binance-labeled hot wallet to a known SAFU address early Monday. The transfer appeared internal, with no interaction with external wallets. This suggests a […]