According to monitoring by Darkfost, Binance's Bitcoin reserves have risen to over 693,000 BTC, accounting for about 30% of the total Bitcoin reserves on major exchanges. Since the end of April, this represents an increase of 77,000 BTC. This growth may be related to investors transferring Bitcoin to exchanges for sale following the May rally and recent price surges. It could also be influenced by the SAFU fund plan injecting $1 billion to acquire approximately 15,000 BTC, as well as some investors moving Bitcoin for asset security reasons after the ColdCard incident. The significant increase in reserves could potentially bring selling pressure to the market. https://(wublock123.com)/news/binance-bitcoin-reserves-rise-to-two-year-high-68233