Binance has once again reinforced its commitment to user protection after increasing the Bitcoin reserves held in its Secure Asset Fund for Users (SAFU). This latest BTC purchase comes as conditions in the crypto market remain shaky despite a brief recovery, signaling Binance’s continued efforts to strengthen confidence among its global user base.
Binance Expands SAFU Reserve Strategy
On-chain analytics platform Lookonchain recently reported today that Binance has increased its SAFU fund’s Bitcoin holdings with a fresh purchase of 4,225 BTC worth approximately $299.6 million. Highlighting data from blockchain intelligence platform Arkham Intelligence, Lookonchain revealed that the purchase was executed in a single transaction, reinforcing the scale and urgency behind the move.
Meanwhile, it is worth noting that this purchase comes just a few days after the on-chain sleuth reported that Binance had increased its SAFU Bitcoin reserves by acquiring 3,600 BTC worth $233.37 million. At the time, the transaction pushed the SAFU fund’s total Bitcoin holdings to about 6,230 BTC worth roughly $434.5 million.
However, with the most recent purchase included, the SAFU fund now holds approximately 10,455 BTC valued at around $734 million. The latest accumulation brings the reserve pool one step closer to Binance’s reported long-term goal of building a $1 billion user protection fund, largely backed by highly liquid digital assets.
Market Confidence Returns
Aside from Binance, Lookonchain also reported that several mysterious whales doubled down on their Bitcoin holdings, suggesting that large players are actively buying the dip. According to the blockchain tracker, these whales withdrew approximately 3,500 BTC, worth about $249 million, from Binance, possibly for long-term custody purposes rather than immediate trading.
In addition, SoSoValue data shows that Bitcoin ETFs recorded inflows of about $371.15 million as of February 6, 2026, following an extended period of outflows. The return of positive ETF flows is often viewed as a sign of improving institutional sentiment, especially after weeks of cautious capital movement.
Together, whale accumulation and renewed ETF inflows could signal a potential shift in market structure. While retail sentiment remains fragile, large-scale capital appears to be gradually positioning for a possible market recovery phase.
Bitcoin Price Action and Market Outlook
Amidst the whale accumulation and renewed ETF inflows, Bitcoin has also recorded a 1.6% surge over the last 24 hours, pushing the asset back above the $70,000 price range. The modest recovery highlights improving short-term sentiment, although broader market confidence remains fragile.
Despite the brief uptrend, market expert Ted Pillows has cautioned that Bitcoin is not yet off the hook and still faces a major resistance zone ahead. According to the analyst, BTC faces significant resistance around the $74,000 to $76,000 range, which aligns with Strategy’s average Bitcoin purchase price level, a zone many traders are closely monitoring.
If the bulls push Bitcoin above this resistance band, the asset could begin targeting higher resistance levels and potentially re-enter a stronger bullish structure. However, downside risks remain. If Bitcoin fails to break through resistance and instead falls below the $66,000 to $68,000 range, analysts warn that the asset could retest lower support levels around $63,000.
Evans Kelvin
The CoinRemark Team
