Binance transferred a large portion of SAFU to Bitcoin in a close-knit and closely monitored sequence. The wallet modifications were displayed in real-time and then the news media and Binance Square posts filled the figures.

SAFU means Secure Asset Fund to the users. SAFU was launched by Binance in 2018 as an extreme event user protection fund based on trading fees, which were raised.

THE PLAN BINANCE TALKED ABOUT

Approximately at the end of January 2026 Binance posted a very explicit plan: It would turn the approximately 1B SAFU stablecoin reserves into Bitcoin in around 30 days. Another risk rule that Binance established is; in case the market value of SAFU drops below $800M due to the fluctuation in the price of Bitcoin, then it will be refueled to at least $1B.

People focused on two parts:

  1. A time window (about 30 days)

  2. A floor ($800M) plus a refill target ($1B)

THE FOUR MOVES

On-chain trackers and multiple reports line up with four big batches, each tied to a rough USD amount.

  • Batch 1: 1,315 BTC for about $100M (Feb 2)

  • Batch 2: 1,315 BTC for about $100M (Feb 4)

  • Batch 3: 3,600 BTC for about $233M (Feb 6)

  • Batch 4: 4,225 BTC for about $300M (Feb 9)

Add the BTC amounts:
1,315 + 1,315 + 3,600 + 4,225 = 10,455 BTC

WHY BINANCE taking SAFU away into BTC to be snatched caught their eyes

This action will shift the risk profile of the protection fund.

Stablecoins are expected to be stable in price. Bitcoin swings more. Binance did that directly with the $800M floor and the refill-to-1B language.

Accordingly traders interpreted the changed shift in two ways:

  • Confirmation indicator: Binance has decided to use Bitcoin as a reserve currency at SAFU.

  • Volatility trade-off: a protection fund now trades Bitcoin declines and rises, and Binance vows to top-up below a stipulated limit.

TAKEAWAY

Four batches moved SAFU toward Bitcoin:

10,455 BTC tied to about $733M in deployed capital, putting the blended entry near $70K per BTC using rounded batch values. Binance also framed the full plan as a ~$1B stablecoin-to-BTC conversion within about 30 days, with a refill rule if SAFU dips below $800M in market value.