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16,277 BTC and 1.36 million BNB have been transferred out of 2 SAFU wallets and deposited back into CEX’s hot wallet

16,277 BTC and 1.36 million BNB have been transferred out of 2 SAFU wallets and deposited back into CEX’s hot wallet

Cointime2024/04/18 05:46
By: Cointime
BTC+0.08%BNB-3.67%USDC0.00%

After Binance announced the conversion of all user SAFU fund assets to USDC to enhance stability, 16,277 BTC (approximately $1 billion) and 1.36 million BNB (approximately $749 million) have been transferred from two SAFU wallets back to the CEX hot wallet. Currently, the balance of the two SAFU wallets is still 1 billion USDC.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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