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CEX SAFU Fund address buys an additional 4,225 BTC, worth $299.6 million
On February 9, according to Arkham monitoring, the CEX SAFU fund address bought an additional 4225 BTC, worth $299.6 million. The CEX SAFU fund address now holds 10455 BTC, valued at $741.39 million. Previously, on January 30, CEX announced that it would gradually convert its original $1 billion stablecoin reserve into Bitcoin, with a plan to complete the process within 30 days. If the market value drops below $800 million due to volatility, BTC will be added to restore the reserve to $1 billion.