Tldr;
Binance SAFU Fund will be used to buy $1B in Bitcoin over the next 30 days.
If that amount ever drops below $800M (a 20% drop on Bitcoin), Binance will top it off to $1B again.

Binance
@binance
01-30
An open letter to the crypto community 💛
During periods of market volatility and pressure, the impact felt across the industry is naturally also felt by Binance.
As a global industry leader, we hold ourselves to elevated standards and continually improve based on feedback from

400 BTC / day.
Binance’s 24-hr spot volume is 100,000+ BTC 😂
Sector:
From Twitter
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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