According to Lookonchain, the Binance emergency reserve acquired Bitcoin at an average price of $69,244 and now shows roughly $177 million in unrealized profit as prices have climbed.
Binance’s SAFU fund, an emergency reserve designed to protect users in extreme situations, bought 15,000 Bitcoin in February at an average price of $69,244, for a total cost of about $1.22 billion. According to blockchain analytics provider Lookonchain, the position is now showing an unrealized profit of around $177 million because Bitcoin has risen since the purchase. The update highlights how large treasury-style crypto holdings can fluctuate significantly with market prices while remaining paper gains until assets are sold.