Binance SAFU Fund Completes $1B Bitcoin Purchase at Average Price Near $70,000

The world’s largest crypto exchange, Binance’s Secure Asset Fund for Users (SAFU), has completed its planned conversion of $1 billion in stablecoin reserves into Bitcoin, with Arkham Intelligence tracking a recent transfer of 4,545 BTC, valued at about $304.6 million, into the SAFU wallet. The move follows earlier deposits and