Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
goldkingcoiner
on 23/11/2023, 04:20:33 UTC
⭐ Merited by JayJuanGee (1)
SAFU ≠ safe

 SAFU - Secure Asset Fund for Users (an "emergency" fund)

 It's a mix of Bitcoin, Binance tokens, some USD Tether and some TrueUSD tokens

 Current value is ~$1billion (60% of which is denominated in Bitcoin)


 Supposedly created in 2018 though (from what I see) the bulk of the transfers seemed to have happened about a year ago.

https://blockchair.com/bitcoin/address/1BAuq7Vho2CEkVkUxbfU26LhwQjbCmWQkD