🔥 REMEMBER THIS? 🧠
$BTC BUYBACK SIGNAL IS BACK — BIGGER & LOUDER! 🚀
Back when the market got obliterated after the FTX blowup, there was a massive commitment floated that Binance would use its SAFU (Secure Asset Fund for Users) to start buying Bitcoin as a buffer and confidence anchor — not just sit on stablecoins. Now that plan is already in motion!
📌 What’s Happening Now:
• Binance converted $100M+ of stablecoin into Bitcoin — about 1,315 BTC moved into the SAFU wallet as part of the shift.
• This is the first chunk of a planned $1 BILLION BTC buy over ~30 days.
• Binance’s public pledge also says if the BTC value of SAFU dips below $800M the exchange will top it back up, essentially committing to buy the dip.
💥 This isn’t just talk — it’s on-chain action. And with BTC under $80K, Binance is stacking Bitcoin aggressively using SAFU reserves instead of stablecoins.
📈 Why This Matters:
Selling pressure can ease when a big entity publicly commits to buying during downturns — especially when that entity is one of the largest players in the crypto world. If others like Tron/Justin Sun jump in with similar BTC accumulation plans, it could meaningfully support price and build a stronger rebound narrative.
🚀 TL;DR:
Forget the old crash memory — Binance has begun converting $1B of SAFU into BTC as prices stay below 80K. This adds a structural buyer into the market and could help dial down downside pressure, especially if other orgs join the accumulation trend.
#Bitcoin #BTC #SAFU #Binance
#CryptoBullish *(Not financial advice — DYOR before making trading decisions.)*