7500 BTC from Binance SAFU moves once again

Binance’s SAFU user-protection fund moved roughly 7,500 BTC on Oct. 31, and the intermediate address forwarded the entire balance in a single transaction on Nov. 3 at 14:56 KST, recorded in block 974,354. The first leg sent 1 BTC from Binance’s disclosed SAFU Bitcoin address, followed six minutes later by 7,499 BTC to the same intermediate address. The final recipient address has no public operator label and has processed more than 2,400 transactions, so on-chain records alone cannot confirm whether the coins were sold or where they are ultimately headed. The transfer matters because SAFU is a core Binance user-protection reserve, and such a large BTC movement draws scrutiny over whether the exchange is rebalancing, rotating custody, or preparing liquidity. Watchers should track the new address for further outflows, any Binance statement identifying the recipient, and whether the BTC returns to a disclosed SAFU or exchange wallet.