Blockchain Monitoring Reveals Major Bitcoin Accumulation
According to latest data from Arkham platform, on February 9 the SAFU Fund's associated address acquired 4,225 BTC worth $299.6 million. This brings their total BTC holdings to 10,455 coins valued at approximately $741.39 million.
Pre-announced Bitcoin Reserve Strategy
As early as January 30, the global leading cryptocurrency exchange announced a significant portfolio adjustment plan - gradually converting its $1 billion stablecoin reserves into bitcoin holdings. The established protocol specifies that if market volatility causes asset value to drop below $800 million, additional BTC injections will be made to maintain the reserve value at $1 billion.
Market Impact and Industry Implications
- This accumulation demonstrates institutional investors' strong confidence in digital assets' long-term value
- Bitcoin's characteristics as a reserve asset are gaining increasing recognition from mainstream financial entities
- Such large-scale transactions may create structural impacts on cryptocurrency market liquidity
- Represents deeper integration between compliance-oriented fund management mechanisms and blockchain asset allocation