Binance SAFU Fund BTC Holding Shrinks by 15%, Still Holding $800M USDC to Buy

BlockBeats News, February 6th, according to on-chain data, as Bitcoin continues to fall, the Binance SAFU Fund's current BTC holdings have shrunk by 15%, remaining at $170 million.

Currently, its USDC Fund reserves still have $800 million remaining and will continue to buy. According to the fund's commitment at the time of its launch, if Bitcoin continues to fall, the SAFU Fund will continue to buy to keep its position value above $1 billion.