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Binance SAFE continues to accumulate $BTC Binance's SAFE wallet just withdrew 3600 $BTC ($233M) from the #BinanceHotWallet. The conversion process from stablecoins to $BTC is still proceeding as usual. Within 4 days, Binance has accumulated 6230 $BTC ($404M). If withdrawals remain stable and maintain this volume, it is estimated that Binance will complete the conversion in about 2 weeks. Remember that this SAFE fund will continuously rebalance when its value is below $1B. If you miss this information, please reread the previous article.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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