Binance: SAFU Fund Transfer Involving 7,499 BTC Completed

TechFlow reports that, according to an official Binance announcement on November 1, its SAFU fund transfer has been completed, involving a previously detected large transfer of 7,499 BTC.

Earlier, Whale Alert detected that the BTC had been transferred from Binance SAFU to an unknown wallet, worth approximately $581 million. Binance confirmed the link between this transfer and the SAFU fund transfer in a reply to the alert post.

Source: TechFlow