Binance deposited 16,277 $BTC($1B) and 1.36M $BNB($748.62M) to hot wallet, then withdrew 1B $USDC to the SAFU fund wallet.

On Jan 29, Nov 9, 2022, and Mar 17, 2023, Binance withdrew 1.36M $BNB($499.24M) and 16,277 $BTC($453.25M) from the hot wallet as SAFU assets.

Based on the price at the time of withdrawal, these SAFU assets are worth ~$998.5M.

And the value of these assets rose to $1.757B(+76%) today.

1BAuq7Vho2CEkVkUxbfU26LhwQjbCmWQkD
0x4b16c5de96eb2117bbe5fd171e4d203624b014aa

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Based on the price at the time of withdrawal, these SAFU assets are worth ~$998.5M.

And the value of these assets rose to $1.757B(+76%) today.

1BAuq7Vho2CEkVkUxbfU26LhwQjbCmWQkD
0x4b16c5de96eb2117bbe5fd171e4d203624b014aa
https://www.binance.com/en/blog/ecosystem/update-safu-conversion-to-usdc-270057093957213098