Jan 30, 2026
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BULLISH 📈 : Binance Converts $1B SAFU Fund Into Bitcoin for Long-Term Value
On Jan. 30, Binance announced plans to convert $1 billion from its Secure Asset Fund for Users (SAFU), currently held in stablecoins, into Bitcoin. This conversion will occur over the next 30 days.
Key Points
- The move demonstrates Binance's confidence in Bitcoin as a core asset for long-term value despite recent price corrections.
- Binance has introduced a rebalancing framework for the SAFU fund to maintain its value at $1 billion if it drops below $800 million due to Bitcoin volatility.
- Founder Changpeng Zhao expects a potential “super-cycle” for Bitcoin in 2026, influenced by pro-crypto US policies.
Bitcoin Market Volatility
- Bitcoin’s price recently dropped to approximately $82,000 following a market sell-off.
- Deribit’s Bitcoin volatility index (DVOL) increased significantly, indicating heightened market uncertainty.
- Bitcoin options account for $7.54 billion in notional value, with a structurally bullish derivatives positioning.
- The put-to-call ratio is at 0.48 with 61,437 call contracts open compared to 29,648 put contracts.
