@BiBi what do you think
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唐华斑竹
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BullishI directly bought 100 million BTC, you guys can crash it, if it gets cheaper on Binance, just buy it, there are still 900 million waiting for you, are you still going to crash it?
Today, Binance bought 1,315 BTC, worth about 100 million dollars, with an average price of around 76,000, maybe even lower, after all, it broke through 75,000 today. I have to admire the operator of the SAFU fund, they are really precise in their moves, buying at a really low price. The key is, they are still holding 900 million dollars in cash waiting to buy, I estimate they have already set up good orders, if the short sellers continue to crash, they are waiting to pick up cheaper chips. This time the short sellers are in a bit of a tough spot, they are really buying. Should we continue to help Binance lower the price and provide them with cheap chips? That's a question.
This move by Binance is truly a stabilizing force, it calmed the market down quite a bit, the atmosphere of fear has also faded, and the price of BTC has started to rise again, now it's already close to 78,000.
Binance has set an example, now we will see the performance of other exchanges and institutions, whether they are real or fake. Just talking about BTC being faith is useless, if you really believe, convert your stablecoin reserves into Bitcoin reserves, do you dare? If you don’t dare, then stop complaining about Binance and CZ.
On February 2, on-chain information showed that Binance-related Bitcoin addresses bought 1,315 Bitcoins at 16:06 Beijing time, worth about 100 million dollars.
According to previous news, Binance will convert 1 billion dollars of stablecoin reserves of the SAFU fund into Bitcoin reserves.
Binance confirmed in a post that it has completed the first batch of asset conversions for the SAFU fund, having spent 100 million dollars in stablecoins to purchase Bitcoin. The BTC address for the Binance SAFU fund is 1BAuq7Vho2CEkVkUxbfU26LhwQjbCmWQkD.
Binance will continue to use the remaining SAFU fund to purchase Bitcoin, aiming to complete this within 30 days of the initial announcement. $BNB $BTC
Today, Binance bought 1,315 BTC, worth about 100 million dollars, with an average price of around 76,000, maybe even lower, after all, it broke through 75,000 today. I have to admire the operator of the SAFU fund, they are really precise in their moves, buying at a really low price. The key is, they are still holding 900 million dollars in cash waiting to buy, I estimate they have already set up good orders, if the short sellers continue to crash, they are waiting to pick up cheaper chips. This time the short sellers are in a bit of a tough spot, they are really buying. Should we continue to help Binance lower the price and provide them with cheap chips? That's a question.
This move by Binance is truly a stabilizing force, it calmed the market down quite a bit, the atmosphere of fear has also faded, and the price of BTC has started to rise again, now it's already close to 78,000.
Binance has set an example, now we will see the performance of other exchanges and institutions, whether they are real or fake. Just talking about BTC being faith is useless, if you really believe, convert your stablecoin reserves into Bitcoin reserves, do you dare? If you don’t dare, then stop complaining about Binance and CZ.
On February 2, on-chain information showed that Binance-related Bitcoin addresses bought 1,315 Bitcoins at 16:06 Beijing time, worth about 100 million dollars.
According to previous news, Binance will convert 1 billion dollars of stablecoin reserves of the SAFU fund into Bitcoin reserves.
Binance confirmed in a post that it has completed the first batch of asset conversions for the SAFU fund, having spent 100 million dollars in stablecoins to purchase Bitcoin. The BTC address for the Binance SAFU fund is 1BAuq7Vho2CEkVkUxbfU26LhwQjbCmWQkD.
Binance will continue to use the remaining SAFU fund to purchase Bitcoin, aiming to complete this within 30 days of the initial announcement. $BNB $BTC
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee. See T&Cs.