On-chain analyst Ai Yi said a Binance SAFU wallet transferred 7,500 BTC worth about $580 million, possibly to replenish reserves for affected assets, BlockBeats reported.
Transfer reported
Ai Yi said the transfer occurred about 30 minutes earlier and that the address still held 7,500 BTC afterward, roughly half its pre-transfer balance. The flash did not provide a wallet address or transaction hash, so the movement is presented as an attributed report rather than an independently verified transaction.
Reserve statement
Binance co-CEO Yi He subsequently said BTC, ETH, USDT, BNB, SOL, USDC, XRP, USD1, RLUSD and ZEC had restored 100% full reserve backing.
The reported transfer may be connected to reserve replenishment, but the available information does not establish its purpose. Source: BlockBeats English flash, published October 31, 2026.