Binance SAFU fund's unrealized loss on its BTC holdings has narrowed to 2.7%, with $550 million still available for purchase.

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On February 8, according to on-chain data, as Bitcoin rebounded to above $70,000, the 6,230 BTC that Binance SAFU fund bought for $450 million are now worth $437.7 million, with the unrealized loss narrowing to 2.7%.

Currently, its USDC fund reserves remain at $550 million, and it will continue to buy. According to the fund's initial commitment, if Bitcoin continues to fall, the SAFU fund will continue to buy, maintaining its position value above $1 billion.

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