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      Binance Founder Comments on SAFU Fund's Bitcoin Profit

      Zhao Changpeng, the founder of Binance, recently addressed the performance of the Binance SAFU fund, which has reportedly generated a floating profit of 270 million USD from its Bitcoin investments. The fund purchased 1 billion USD worth of Bitcoin at an average price of 66,666.66 USD per coin.

      In his remarks on social media, Zhao suggested that the substantial profit might be attributed to luck rather than strategic investment decisions. This statement comes as the cryptocurrency market continues to experience volatility, raising questions about the sustainability of such profits.

      The Binance SAFU fund, designed to protect users' assets, has been a focal point for the exchange as it navigates regulatory scrutiny and market fluctuations. Zhao's comments highlight the unpredictable nature of cryptocurrency investments, even for one of the largest exchanges in the world.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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