Over $100M in Bitcoin Moved from Binance to SAFU Fund

The evidence strongly supports the truthfulness of the statement. The sources collectively build a consistent and credible narrative. Initially, several high-authority sources from Binance's own platform announced a major strategic decision to convert its entire ~$1 billion SAFU (Secure Asset Fund for Users) from stablecoins to Bitcoin. This establishes the intent and the large scale of the operation.More importantly, subsequent sources provide direct confirmation that this plan was acted upon. One news brief explicitly states, 'Binance SAFU Fund Buys $100.7M in Bitcoin as Reserves Rebalance'. This directly supports the claim, confirming a completed transaction ('Buys') of a specific asset ('Bitcoin') with a value ('$100.7M') that is 'over $100 million'.Another source corroborates this by reporting on-chain data showing a transfer of 1,315 BTC to the SAFU Fund, with the post title valuing the transaction at $100 million and stating the 'conversion is live'. While some sources mention the larger $1 billion conversion plan and a few others mention a $100 million figure, the most direct evidence points to a specific, completed transfer that exceeds the $100 million mark. The action described as a 'transfer' or 'buy' is a necessary step in the announced 'conversion' process. Therefore, the evidence confirms the statement with high confidence.