Binance SAFU Fund Adds 3,600 BTC Amid Bitcoin Recovery

Binance’s SAFU Fund has acquired yet another 3,600 Bitcoins, worth approximately $233.37 million, as revealed by the blockchain analytics platform Lookonchain

With this latest acquisition, the total number of acquisitions made by the SAFU Fund in the recent period amounts to 6,230 Bitcoins, worth approximately $434.5 million.

Source: X

On-chain data provided by Lookonchain on February 5, 2026, showed that there was a series of deposits into the Binance SAFU Fund address from a Binance hot wallet.

This, along with previous deposits in the past few days, explained the cumulative figure. This shows that there is continued confidence in Bitcoin, as indicated by the fund, which is meant to protect users in the event of unexpected occurrences.

Bitcoin Stabilizes Amid Market Rebound

Meanwhile, Bitcoin’s price is showing signs of stabilization, trading at $65,547, according to CoinMarketCap. CW, a market observer, pointed out that after the long period of selling, the market is now experiencing net buying. CW cited the charts of exchanges that showed a sharp drop in price followed by a rebound, where the order flow entered positive territory.

Source: X

In fact, a chart shared by CW on TradingView indicated that the price of BTC was trading in the mid-$64,000s on major exchanges such as Coinbase, Binance, and OKX, suggesting a bounce following the latest sell-off.

Bitcoin Nears Monthly Low Rally

Analyst Tardigrade also suggested that Bitcoin could be creating a low for the month. This is because, according to the analyst, the Relative Strength Index (RSI) suggests that this month could be one of the lowest in the past few years for the price of Bitcoin.

Source: X

Tardigrade stated that this type of setup had, in the past, marked the beginning of major upward movements in the price of Bitcoin. The chart that was shared in the post showed the times when the RSI had dipped to the same levels, and the price had risen significantly.

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Binance Support Boosts Bitcoin Bounce

The combined effect of SAFU Fund purchases and market net buying signals may indicate that Bitcoin is gearing up for an impending recovery phase.

Investors and market observers may likely continue to watch key support levels as they attempt to gauge whether the latest dip is an indication of an impending new uptrend.

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