On-chain data shows that the address labeled “Binance SAFU Fund” — 1BAuq7Vho2CEkVkUxbfU26LhwQjbCmWQkD — received 1.315K BTC, worth $100.7 million, at 08:06 UTC. This may indicate that the Binance SAFU Fund has purchased $100.7 million worth of Bitcoin.

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