Data: Binance SAFU insurance fund is 44% supported by BNB, with BTC having the lowest proportion

ChainCatcher news, on-chain analyst Willy Woo disclosed on social media that on-chain data shows that Binance's SAFU insurance fund reserves consist of BNB, accounting for 44%, approximately $367 million; additionally, Binance's USD stablecoin BUSD accounts for 32%, approximately $300 million, while Bitcoin has the lowest share at 24%, approximately $270 million. Willy Woo stated that these balances can be verified through public blockchain data on Binance's Bitcoin and BSC chain addresses, and he also mentioned that the high proportion of BNB is "concerning." (source link)