Binance SAFU Fund Purchases $233M BTC Amid Bitcoin's RSI Flashes Cycle Low
ByAinvest
Friday, Feb 6, 2026 3:14 am ET1min read
BTC--
Binance's SAFU Fund has purchased 3,600 BTC worth $233.37 million, totaling 6,230 BTC valued at $434.5 million. Bitcoin's net buying has returned after a long selling stretch, according to trader CW. The relative strength index (RSI) has dipped, suggesting a potentially important bottom, and trader Trader Tardigrade believes this month could mark the lowest level for the next couple of years, potentially marking the beginning of the next bull run.
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