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Binance Converts $1 Billion SAFU to BTC... Amid Extreme Fear, Declares Bitcoin a "Top Reserve Asset" Binance announced that it has converted its entire SAFU emergency fund (approximately KRW 1.4367 trillion) to over 15,000 BTC, officially establishing Bitcoin as a key long-term reserve asset. This large-scale purchase is noteworthy as it comes amidst extreme fear, with the Cryptocurrency Fear and Greed Index plummeting to a record low of 5 and smart money expanding its net short position. 🔗 Original TokenPost article

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