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

Binance officially confirmed that a transaction involving 7,499 BTC (approximately $581 million), previously detected by Whale Alert as moving from its SAFU wallet to an unknown address, was in fact a SAFU fund transfer—and the transfer has now been completed. In its response to Whale Alert’s related monitoring post, Binance explicitly stated that the transaction forms part of a broader SAFU fund reallocation.