Binance SAFU Bitcoin address balance is approximately 7,500 BTC.
Original headlineBinance SAFU 比特币地址余额约为 7,500 枚 BTC
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Binance's Secure Asset Fund for Users (SAFU) bitcoin address holds approximately 7,500 BTC, according to on-chain data from mempool.space on November 3. Binance co-founder He Yi previously stated that half of the SAFU fund's assets would be used to cover losses, with the other half remaining in the fund. Per Binance's SAFU policy, if the fund's market value falls below $800 million due to bitcoin price fluctuations, it will be rebalanced back to $1 billion. The disclosure offers a rare on-chain look at the exchange's insurance reserves at a time when proof-of-reserves transparency remains a key concern for crypto investors. Market watchers will be monitoring whether the fund's value stays above the $800 million threshold and whether further SAFU drawdowns are disclosed.
Muhabbit's AI wrote this summary in its own words from TechFlow's report and translated it from Chinese. It can get details wrong, so check the source.
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Binance, SAFU, Bitcoin (BTC), He Yi
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