Binance: SAFU fund transfer involving 7,499 BTC has been completed

On November 1, Binance officially announced that its SAFU fund transfer has been completed, involving a large transfer of 7,499 BTC that was previously monitored.

Previously, Whale Alert detected the transfer of this BTC from Binance SAFU to an unknown wallet, worth approximately $581 million. Binance confirmed the connection between this transaction and the SAFU fund movement in its reply to the monitoring post.