๐จ$BTC This is what I mean:
Binance quietly is not for speculation, they must know something that the majority of people do not know.
Currently, they are converting SAFU funds ( $1B ) from stablecoins to Bitcoin. The total now is around 15,000 $BTC .
What does this mean?
This is a reserve management decision, not short-term trading.
Binance is choosing BTC as the main reserve asset for their protection fund.
๐ In terms of signals:
โข Believe BTC is strong in the long term.
โข There are purchases of thousands of BTC in 30 days.
โข And it happens when the market is in Extreme Fear like now.
And in the last month, Binance bought 4,545 $BTC for their reserve fund.
So, what do they know?
#BTCMiningDifficultyDrop #BTCBuyStrategy
#USNFPBlowout $BTC
Binance quietly is not for speculation, they must know something that the majority of people do not know.
Currently, they are converting SAFU funds ( $1B ) from stablecoins to Bitcoin. The total now is around 15,000 $BTC .
What does this mean?
This is a reserve management decision, not short-term trading.
Binance is choosing BTC as the main reserve asset for their protection fund.
๐ In terms of signals:
โข Believe BTC is strong in the long term.
โข There are purchases of thousands of BTC in 30 days.
โข And it happens when the market is in Extreme Fear like now.
And in the last month, Binance bought 4,545 $BTC for their reserve fund.
So, what do they know?
#BTCMiningDifficultyDrop #BTCBuyStrategy
#USNFPBlowout $BTC
