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

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

The 7,500 BTC that moved out of Binance‘s Secure Asset Fund for Users (SAFU) on Oct. 31 moved again early on Nov. 3, according to Unchained’s pull of public blockchain data. The fund’s remaining 7,500 BTC is half the 15,000 BTC it held after the exchange converted the fund in February. Binance said on Oct. 31 that a “partial deployment” of SAFU was part of how it was covering losses from the roughly $6.3 billion hot-wallet hack, alongside part o…

7,500 Bitcoin That Left Binance’s SAFU Fund Moves Again to an Unlabeled Address

The recipient split the Bitcoin into 150 outputs, and 96 later formed part of a 9,346-BTC transfer.

Binance SAFU's 7,500 BTC Moves Again in a Single Transfer

The 7,500 BTC that left Binance's SAFU fund on October 31 moved again on November 3 in one transfer to a busy address. Here is what the chain shows.