HomeNewsBinance Buys $100M in Bitcoin for SAFU Amid Dip — Is Now...

Binance Buys $100M in Bitcoin for SAFU Amid Dip — Is Now the Time to Buy BTC? Experts Now!

-

Binance bought another $100 million worth of Bitcoin on Feb. 4, 2026, adding the coins to its SAFU fund amid a market dip, as shown in a tweet (“JUST IN: Binance buys another $100,000,000 worth of Bitcoin for its ‘SAFU’ fund.”). The purchase came while prices slid and trading volatility spiked.

Bitcoin hit an all-time high near $126k in October 2025 and has since retreated about 40%. According to CoinGecko’s Bitcoin data, BTC dipped to roughly $73,000 earlier on Feb. 4 but recovered toward $76,000, and shows losses across 24-hour, seven-day, and 30-day measures.

Some firms see a rebound this year, arguing the asset follows a longer cycle. Bernstein and Grayscale say Bitcoin may be on a five-year path, which could produce a new peak this year.

Other voices warn of deeper risk. Michael Burry warns Bitcoin could enter a “death spiral.” He also stated BTC has not proven itself a safe haven like gold.

Crypto has shown large swings before, falling below $16,000 in 2022 and later reaching new highs. (Ed. note: October 2025 registered the largest single-day liquidation event in crypto history.) Low prices may present buying opportunities for some investors.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

LATEST POSTS

Ethereum Exodus: 330,000 ETH Withdrawn & Validator Queue Hits 71 Days

Ethereum has seen over $660 million withdrawn from exchanges in recent weeks, signaling accumulation by long-term holders. However, market data shows persistent bearish pressure, with...

Brazil’s Bold $68B Plan to Buy 1 Million Bitcoin for National Reserve

Brazil's Congress is considering a bill to create a Strategic Sovereign Bitcoin Reserve, aiming to acquire up to 1 million BTC over five years at...

Pi Coin 24h Rally Outshines BTC, ETH as Mainnet Upgrades Fuel Short-Term Gains, Risk Looms

Pi Coin (PI) rose nearly 4% in the last 24 hours, according to CoinGecko. PI remains down about 4.6% for the week, 15.2% over 14...

Crypto CEO Gets 20-Year Prison Sentence For $200M Bitcoin Ponzi Scheme

A federal judge has sentenced Ramil Ventura Palafox, CEO of Praetorian Group International, to 20 years in prison for orchestrating a $200 million cryptocurrency Ponzi...

Most Popular

spot_img