Binance’s SAFU Fund’s 6,230 BTC holdings have narrowed their unrealized loss to $6.05 million
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Binance’s SAFU Fund’s 6,230 BTC holdings have narrowed their unrealized loss to $6.05 million
According to on-chain analyst Ai Aunt (@ai9684xtpa), as BTC experiences a slight rebound, the paper loss on the 6,230 BTC purchased by Binance’s SAFU Fund has narrowed to $6.05 million. Between February 2 and February 6, Binance acquired $434 million worth of BTC in three separate transactions at an average price of $69,740.79 per BTC; the fund’s $1 billion purchase target is now approaching the halfway mark.
Navigating Web3 tides with focused insightsTechFlow reports that, on February 9, according to on-chain analyst Ai Aunt (@ai 9684xtpa), as BTC experienced a slight rebound, the unrealized loss on the 6,230 BTC purchased by Binance’s SAFU Fund has narrowed to $6.05 million. Between February 2 and February 6, Binance acquired $434 million worth of BTC in three separate transactions at an average price of $69,740.79 per BTC; the fund’s $1 billion purchase target is now approaching the halfway mark.
