Binance also transferred a large amount of Bitcoin to the SAFU Reserve Fund. On-chain data shows funds received 4,225 $BTC. Its value is approximately $299.6 million. This transfer increased SAFU’s total holdings to approximately 10,455. $BTC. At recent prices, it’s worth nearly $734 million.
The move follows Binance’s previous plan to move some of its reserves into Bitcoin. The exchange announced in late January that it would exchange about $1 billion from stablecoin to stablecoin. $BTC More than 30 days. The goal was to increase transparency and strengthen conservation funds.
Another large transfer to SAFU wallet
Blockchain tracker Lookonchain first spotted the latest transfer. Funds were moved from Binance hot wallet to Binance official SAFU address. This indicates that the transfer was internal. It is not purchased directly from the exchange order book. The influx over the past week has already added thousands of people. $BTC to the fund.
Binance SAFU Fund bought an additional 4,225 $BTC($299.6 million), total purchase amount is 10,455. $BTC($734 million). https://t.co/WwuOOWlMjj pic.twitter.com/CMw48KFJYS
— Lookonchain (@lookonchain) February 9, 2026
With this move, SAFU’s reserve has exceeded 10,000. $BTC mark. This milestone gave the fund a much larger Bitcoin base than before. The Binance SAFU Fund was established after the Binance hack in 2019. It acts as an insurance reserve to protect users in case of major security issues. Since then, the exchange has been storing a portion of its earnings and assets within this wallet.
Internal transfers rather than open market purchases
On-chain data suggests that Binance did not purchase these coins directly on the market. instead, $BTC It comes from its own hot wallet. This likely means that the exchange acquired the coin off-chain in the first place. I then moved them to the Binance SAFU address.
This method avoids large visible buy orders that can move the market. Binance will also be able to control when and how funds are allocated to reserves. During these transfers, Bitcoin is trading near the $70,000 level. The total accumulated in the past week alone exceeded hundreds of millions of dollars. $BTC.
Signals of long-term confidence
Some analysts see this move as a sign of growing institutional confidence in Bitcoin. By holding a large portion of the safety fund, $BTCBinance shows confidence in the long-term value of assets. The role of the Binance SAFU fund is simple. It acts as a financial buffer in case of extreme events. As Bitcoin’s reserves grow, that cushion could become even stronger over time.
Still, this move does not have a direct impact on the open market. Coins are primarily transferred between wallets managed by Binance. Therefore, the impact on prices is limited for now. Even so, the magnitude of the accumulation is remarkable. More than 10,000 $BTC We are currently quietly building one of the largest Bitcoin reserves held by an exchange within the Binance SAFU wallet.
