Binance SAFU wallet transferred out 7500 tokens BTC; He Yi said that the reserves of ten assets had returned to the 100%level.
Article
Binance SAFU transferred out from the wallet half an hour ago 7500 tokens BTC, possibly to replenish the assets required for the proof of reserves
PANews October 31 reported that, according to monitoring by on-chain analyst Ai Yi, Binance SAFU wallet transferred out half an hour ago 7500 tokens BTC（580000000 USD), possibly to replenish the assets required for the proof of reserves. The address still holds 7500 tokens BTC. Binance co-founder He Yi subsequently stated that the reserves of BTC、ETH、USDT、BNB、SOL、USDC、XRP、USD1、RLUSD and ZEC had returned to the 100%level.
PANews reported on October 31, according to monitoring by on-chain analyst Ai Yi, Binance SAFU wallet transferred out half an hour ago 7500 tokens BTC。
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The report labeled the transferred 7500 tokens BTC as valued at 580000000 USD。
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The report said that the address still holds 7500 tokens BTC。
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The report speculated that this transfer may have been made to replenish the assets required for the proof of reserves.
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He Yi subsequently stated that the reserves of BTC、ETH、USDT、BNB、SOL、USDC、XRP、USD1、RLUSD and ZEC had returned to the 100%level.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
On-chain monitoring found that Binance SAFU wallet made a large BTC transfer. The report said it may be related to replenishing the assets required for the proof of reserves, but the use of “possibly” indicates that its purpose has not been confirmed. He Yi subsequently said that the reserves of ten assets had returned to 100%。
Why it matters to readers
Large wallet transfers and reserve levels can affect external assessments of a platform's asset condition, but a transfer itself does not prove that assets were sold and cannot independently verify whether reserves are sufficient.
Beginners should distinguish between observable on-chain transfers, analysts' speculation about their purpose, and statements by relevant individuals about reserve levels; the evidentiary strength of the three differs.
Risks and unknowns
7500 tokens BTC The receiving address and subsequent flow of the tokens were not specified in the original text.
It has not been confirmed whether the transfer was actually used to replenish the assets required for the proof of reserves.
The original text provided no independent audit or other materials verifying that the reserves of the ten assets had reached 100%reserves.
“580000000 USD The valuation basis and calculation date for “” were not specified.
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SAFU wallet
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