The 7,500 BTC That Left Binance’s SAFU Fund Has Moved Again, to an Unlabeled Address

Onchain tracking shows the bitcoin that left Binance's SAFU fund on Oct. 31 moved again on Nov. 3, landing at a high-volume, unlabeled address. The 7,500 BTC still held in the fund is worth about $583 million. Traders will watch whether the transferred coins hit exchanges, since SAFU is Binance's investor protection reserve and unexplained outflows can raise questions about custody and confidence.