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Binance’s SAFU (Secure Asset Fund for Users) continues to draw attention after the exchange confirmed a fresh Bitcoin purchase.
The latest conversion brings the fund’s total holdings to 10,455 BTC, valued at roughly $734 million.
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How the Binance SAFU Fund Acts as a Crypto Market Indicator
The latest accumulation is part of a broader plan to convert the entire $1 billion reserve into Bitcoin over a 30-day period. Could this offer clues about broader crypto market cycles?
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