Binance's SAFU Fund has seen a significant increase in value following Bitcoin's recent price surge. According to Arkham data, the fund received approximately 15,000 BTC from Binance's hot wallet about two months ago, valued at $1.039 billion at the time, with an average cost of $69,200 per BTC. As Bitcoin's price exceeded $80,000, the value of these holdings rose to approximately $1.21 billion, marking a 16% gain.
Binance SAFU Fund Gains 16% as Bitcoin Surpasses $80,000
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