🚨 Binance moves $100M worth of $BTC into its SAFU Fund On-chain data shows ~1,315 BTC transferred from a Binance hot wallet to the SAFU Fund at ~$77K per $BTC. (Source:@arkham) SAFU (Secure Asset Fund for Users), launched in 2018, is funded by ~10% of trading fees and designed to protect users in extreme events like hacks or system failures. The fund currently also holds ~$1B in $USDC reserves.