Binance Buys $100M Bitcoin Dip, Kicking Off $1B SAFU Conversion

Binance has completed the first $100M Bitcoin buy for its SAFU fund conversion, sending 1,350 BTC BTC - $78743.512 into a designated wallet as BTC BTC - $78743.512 has traded near $75K. The exchange has said it will finish a $1B conversion within 30 days after criticism tied to October's liquidation event.

Source: cryptonews.com

Related symbols: SAFUUSD

2026-02-02 17:15:05 GMT.

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Price & Market Data

Price: $78743.512

Volume 24h: $64,121,056,957.74

Market Cap: $1,573,504,507,895.50

Description

Bitcoin (BTC) is a cryptocurrency launched in 2010. Users are able to generate BTC through the process of mining. Bitcoin has a current supply of 19,982,656. The last known price of Bitcoin is 77,691.59440637 USD and is down -1.35 over the last 24 hours. It is currently trading on 12535 active market(s) with $72,524,597,916.41 traded over the last 24 hours. More information can be found at https://bitcoin.org/.