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BTC $66,536.47 -1.22%
ETH $1,952.36 -0.74%
BNB $607.99 -1.46%
XRP $1.37 -0.81%
SOL $79.03 -2.04%
TRX $0.2786 -0.01%
DOGE $0.0925 +0.66%
ADA $0.2630 +1.60%
BCH $511.48 -0.56%
LINK $8.41 -0.05%
HYPE $30.89 +0.83%
AAVE $111.78 +2.59%
SUI $0.9110 +0.12%
XLM $0.1555 -0.52%
ZEC $230.92 -3.77%

16,277 BTC and 1.36 million BNB were transferred from 2 SAFU wallets back to the CEX hot wallet

2024-04-18 13:37:15
Collection

According to ChainCatcher news, monitored by Spot On Chain, after Binance announced the conversion of its Secure Asset Fund for Users (SAFU) assets into USDC to enhance stability, a total of 16,277 BTC (approximately $1 billion) and 1.36 million BNB (approximately $749 million) have been transferred out from 2 SAFU wallets and deposited back into the CEX hot wallet.

Currently, the balance of the 2 SAFU wallets remains at 1 billion USDC.

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