Binance’s SAFU Fund is sitting on a serious Bitcoin gain.
The fund bought around $1 BILLION worth of $BTC at an average price of about $66,667.
Those holdings are now worth more than $1.27 BILLION, giving the fund roughly $270 MILLION in unrealized profit.
That is a huge move, and the profit on that Bitcoin position is getting hard to ignore. 👀
$ETH
$BNB
The fund bought around $1 BILLION worth of $BTC at an average price of about $66,667.
Those holdings are now worth more than $1.27 BILLION, giving the fund roughly $270 MILLION in unrealized profit.
That is a huge move, and the profit on that Bitcoin position is getting hard to ignore. 👀
$ETH
$BNB
