Binance Transforms $1 Billion Reserve into Bitcoin Following November's Low Crypto Market Crash

Written by Emily J. Thompson, Senior Investment Analyst

Source: stocktwits

Updated: Jan 30 2026

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Source: stocktwits

Market Reaction: A significant sell-off in the cryptocurrency market led to over $1.7 billion in liquidations, with Bitcoin's price dropping sharply to around $81,000 from approximately $89,000 in a single day.
Binance's Response: Binance announced plans to convert $1 billion from its Secure Asset Fund for Users (SAFU) into Bitcoin to support the cryptocurrency industry amid declining market capitalization.
BNB Token Decline: Binance's native BNB token experienced a decline of over 6% during the broader market downturn, reflecting the overall bearish sentiment in the crypto space.
Trading Activity Insights: Analysts noted that Binance's trading volumes significantly influenced Bitcoin's price movements, with increased selling pressure observed during price dips, highlighting the exchange's pivotal role in the market dynamics.

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About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

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