BNB Price Forecast as Binance Converts SAFU to Bitcoin

BNB recorded trading volume of $3.6 billion, as the price fell again to trade within a falling wedge pattern, as the Binance exchange revealed plans to convert the SAFU Fund’s $1 billion stablecoin reserves into Bitcoin within 30 days to restore the fund to $1 billion if price fluctuations push its value below $800 million.

Binance coin The price is down 5.1% over the past 24 hours to $841.54 as of 04:04 AM EST, as the cryptocurrency market also saw… He falls More than 5% to $2.89 trillion, according to Coingecko data.

As a result of this sustained decline, Bitcoin fell sharply, hitting its lowest level in more than two months, as a wave of forced liquidations hit leveraged traders while investors weighed the potential impact of a change in the US Federal Reserve’s leadership.

Coinglass data shows that nearly $1.74 billion of leveraged positions were wiped out over the past 24 hours amid the sell-off, with 93% of that coming from long positions.

Binance converts $1 billion user sandbox into Bitcoin

Binance, the world’s largest cryptocurrency exchange by trading volume, announced a plan to convert the entire $1 billion reserve of the Secure Asset Fund for Users (SAFU) from stablecoins to Bitcoin Within the next thirty days.

The fund was created to protect users from losses caused by unexpected events, such as data breaches. She added that if Bitcoin price fluctuations led to the value of the fund falling below $800 million, the exchange would return it to $1 billion.

“This initiative is part of Binance’s long-term efforts to build the industry, and we will continue to develop related work, and gradually share more progress with the community,” Binance said on the X platform.

https://t.co/tbXqWVtp95

— Binance China (@binancezh) January 30, 2026

Under the plan outlined, the exchange will gradually acquire Bitcoin as a way to avoid sudden market disruption, a bold move by a centralized exchange to back users’ funds with Bitcoin.

Transferring $1 billion over 30 days would mean roughly $33 million in daily Bitcoin purchases, which in turn could help stabilize withdrawals from the cryptocurrency.

Furthermore, with a rebalancing limit of $800 million, Binance will commit to buying the dip if the BTC price drops sharply.

CZ denies Binance is selling BNB on a large scale

As the cryptocurrency market corrected, Binance founder Changpeng ‘CZ’ Zhao denied allegations that the exchange had engaged in widespread selling of several cryptocurrencies, which may have contributed to the ongoing decline in the market.

According to CZ, negative rumors are harmful to the broader market but have no personal impact.

FUD does not hurt the target. My followers increased.

FUD hurts the market (i.e. everyone).

I/Binance does not sell any meaningful amounts.

My sale = I swipe my card and $5 worth of BNB is transferred/sent to the café.

I don’t run Binance anymore, but based on what you said…

— Czechoslovakia 🔶 BNB (@cz_binance) January 30, 2026

According to CZ, he and Binance did not engage in any “meaningful” selling activities, and any personal sales were limited to day-to-day expenses.

CZ’s comments follow allegations that the co-founder and the exchange have engaged in market manipulation and self-serving practices over the years.

Work on following up the article for those interested…

Just as Binance is nuking the market https://t.co/xgyg24N9Pn pic.twitter.com/vbNC8QB39C

— $in (@StrongHedge) January 29, 2026

BNB price falls below a major support level, threatening a sustained decline

the BNB coin price It fell back below the 50-day simple moving average (SMA), reinforcing the narrative of a sustained decline.

After the big rally in October 2025, Binance Coin entered a correction and started trading within a well-defined falling wedge pattern.

After a breakout early this year, BNB price has returned below the lower border of the wedge, as sentiment has changed to bearish.

BNB’s Relative Strength Index (RSI) is also supporting the overall downtrend, as it continues to decline towards the oversold 30 zone, which currently stands at 36.74.

With Binance coin price falling back inside the upper border of the falling wedge pattern, the outlook is currently bearish, as the price now risks a continued decline deeper into the wedge.

If the bears continue to exert pressure, BNB risks continuing the downtrend towards the support area at $820.63, which served as a strong demand zone in late 2025. This could be prompted by the formation of SMAs around $884.27, with the 200-day SMA moving above the 50-day SMA.

Conversely, if Binance coin reclaims the 50-day SMA resistance level near $882.23 and manages to close above the 200-day SMA ($921), the next major target will be the $1,000 psychological zone.

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