Lookonchain: Binance SAFU Fund moves 7,500 BTC ($580.88M) to new wallet

Binance moved 7,500 BTC (~$580.88M) from its SAFU user-protection fund to a new wallet. SAFU rebalancing is typically a custody or internal reshuffle rather than a sale, but transfers of this size draw outsized attention and can briefly stoke fears of exchange-side selling. Expect short-lived volatility and close monitoring of the destination wallet for any onward flows to exchanges or OTC desks.