“Binance SAFU Bitcoin Holdings Drop by Half to $580 Million, Below Required Top-Up Threshol” — what this page in the network covers. Binance’s Secure Asset Fund for Users (SAFU) has shed roughly half of its bitcoin holdings, with data showing the reserve now stands at about $580 million worth of BTC. This decline puts the fund below the $800 million threshold that Binance’s own policies require to trigger a top-up, yet the exchan
This decline puts the fund below the $800 million threshold that Binance’s own policies require to trigger a top-up, yet the exchange has not announced when or if it will replenish the reserve. The SAFU was established in 2018 as an emergency insurance fund to protect users in the event of a security breach or other catastrophic loss, and its balance is closely watched as a barometer of the exchange’s financial health and commitment to user protection. For the complete material, the listing points back to the source inside the network.