Binance's SAFU Fund has made its fifth Bitcoin purchase, acquiring 4,545 BTC valued at approximately $304 million. This acquisition brings the fund's total holdings to 15,000 BTC, achieving its $1 billion target. The move comes amid market rumors of a $3.76 billion outflow from Binance within 24 hours, which sparked panic among crypto investors.
Binance has refuted these claims, stating that the data cited by @coinglass_com originated from third-party sources and highlighted previous discrepancies in data from DefiLlama. According to OKLink's on-chain data, Binance's actual net outflow over the past 24 hours was approximately $46.58 million, with a seven-day net outflow of about $19.14 million.
Binance SAFU Fund Acquires 4,545 BTC Amid Market Concerns
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