Binance bitcoin bailout

It does not seem to me to bode well that they’re getting this nervous when the bitcoin price hasn’t even dropped below $80,000

Headline: Binance to shift $1 billion user protection fund into bitcoin amid market rout Binance will convert the stablecoin holdings in its $1 billion Secure Asset Fund for Users to bitcoin over the next 30 days, with plans for regular audits
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