Lookonchain's data shows that Binance made significant movements in its hot wallet. The exchange deposited 16,277 BTC (approx. $1B) and 1.36M BNB (approx. $748.62M) into its hot wallet, then withdrew 1B USDC to the SAFU fund wallet. On three separate occasions (Jan 29, Nov 9, 2022, and Mar 17, 2023), Binance withdrew 1.36M BNB (approx. $499.24M) and 16,277 BTC (approx. $453.25M) from the hot wallet as SAFU assets. At the time of withdrawal, these assets were worth around $998.5M. Their value has since increased by 76%, reaching $1.757B today.