In-depth Analysis: Binance SAFU Fund Invests $1 Billion to Acquire 15,000 BTC at Avg. Price of $66,666

Background Overview

Recently, the operations of the Binance SAFU Fund have attracted market attention. According to monitoring by analyst @ai_9684xtpa, the fund has been steadily increasing its BTC holdings over the past ten days.

Detailed Data

• Between February 2 and February 12, the fund accumulated 15,000 BTC
• Total investment reached $1 billion
• Average purchase price was approximately $66,666
• The last transaction involved 4,545 BTC worth around $300 million

Market Impact

The fund's large-scale buying activity not only boosts market confidence in BTC but also highlights the exchange's commitment to user asset security. This move could inject new vitality into the crypto market.