According to @ai_9684xtpa, Binance SAFU fund has achieved 73.4% of its $1 billion Bitcoin (BTC) reserve target, accumulating 10,455 BTC worth $734 million. The purchases were made across four transactions at an average price of $70,213.68. The fund's BTC holdings are now in profit with unrealized gains of $3.409 million, reflecting the recent price recovery of BTC.

According to @ai_9684xtpa, Binance's SAFU Fund has narrowed its unrealized losses on 6,230 BTC purchases to $6.05 million following a slight recovery in Bitcoin (BTC) prices. Between February 2nd and 6th, the fund acquired BTC in three transactions at an average price of $69,740.79, spending $434 million. This brings Binance closer to its $1 billion BTC reserve goal, with approximately half of the funds already utilized.

According to @cz_binance, Binance has confirmed its ongoing plan to purchase Bitcoin (BTC) for the SAFU Fund, aiming to complete the transition from stablecoins to BTC within 30 days of the initial announcement. This strategic move underscores Binance’s long-term confidence in Bitcoin and its commitment to transparency and user protection through the SAFU Fund.

According to @EmberCN, Binance has executed the third purchase under its $1 billion SAFU fund initiative, acquiring 3,600 BTC worth approximately $233 million on February 6. So far, the SAFU fund has allocated $433 million for 6,230 BTC, leaving $567 million available for further purchases.

According to @ai_9684xtpa, Binance’s SAFU fund address purchased another 1,315 BTC, marking a second $100M tranche following a prior buy two days earlier. According to @ai_9684xtpa, this is part of a $1B BTC rescue and accumulation plan that has reportedly reached 20% progress, with Binance having confirmed completion of the first $100M BTC purchase and having announced a BTC reserve initiative on Jan 30. According to @ai_9684xtpa, the involved wallet is 1BAuq7Vho2CEkVkUxbfU26LhwQjbCmWQkD, which can be tracked via the Arkham explorer for on chain monitoring.

According to @ai_9684xtpa, Binance confirmed via an announcement that its SAFU fund completed an initial 100 million USD Bitcoin purchase toward a planned 1 billion USD BTC reserve, reaching about 10 percent progress since the January 30 start. According to @ai_9684xtpa, on chain data referenced via the Arkham Intelligence explorer shows 1,315 BTC moved from a Binance hot wallet to the SAFU address 1BAuq7Vho2CEkVkUxbfU26LhwQjbCmWQkD, aligning with the reported tranche. According to @ai_9684xtpa, the receiving address is not the wallet that holds the 1 billion USDC reserve at 0x420ef1f25563593aF5FE3f9b9d3bC56a8bd8c104, and the author advises awaiting an official Binance notice for full confirmation. According to @ai_9684xtpa, roughly 900 million USD in BTC purchases remain, so traders can monitor the cited address and Binance announcements to track potential further inflows.

According to the source, this claim cannot be verified or cited because the provided author is a competing crypto media outlet. Please share a primary source such as an official Binance announcement, exchange status notice, Binance X post, or a regulator disclosure to enable a trading-focused summary with validated figures and timing.

According to Yi He, Binance co-founder, users who suffered losses attributable to issues on the exchange can request compensation. Source: Yi He statement on X, Oct 11, 2025. Binance has historically maintained the Secure Asset Fund for Users (SAFU) to cover extreme cases and previously used it to reimburse users after the May 2019 security incident. Source: Binance announcement, May 7, 2019; Binance SAFU overview on binance.com. No details on eligibility, claims process, or coverage limits were disclosed in the statement, so traders should await formal guidance from Binance’s official channels for operational specifics. Source: Yi He statement on X, Oct 11, 2025.

According to Richard Teng, Binance prioritizes user safety by introducing proactive measures such as the SAFU Fund, which safeguards user assets, and the Responsible Trading Program, even in regions lacking regulatory frameworks. These initiatives are designed to enhance user protection and confidence in trading on the platform.