Pi Network at a Crossroads: Insider Dumping Sparks Bull Run Fears

Whalesale alarms are ringing as Pi Network insiders cash out—just as crypto markets heat up. Could this be the project’s make-or-break moment?

Red flags or paper hands? While retail miners grind for Pi tokens, early backers are quietly offloading positions. Timing couldn’t be worse with Bitcoin flirting with new highs.

Price predictions in shambles. The ’next Bitcoin’ narrative crumbles as trading volumes stagnate on third-tier exchanges. Meanwhile, VCs dump their allocations with the precision of a Swiss watchmaker.

Another ’decentralized’ project showing its true colors—when the going gets tough, the insiders get going. At least the exit liquidity came from true believers this time.

Pi Price Prediction: PI Could Drop to $0.70 After Breaking its Trend Line Support

Pi’s hourly chart is quite bearish as several sell indicators have been sent after the token broke its uptrend. The price had been rising for nearly four days but encountered strong selling pressure at the $0.87 – $0.85 level.

Trading volumes exceeded the average by more than 4 times once the price got to that level on Wednesday for the first time, and then again just hours after.

PI has broken its trend line support as the chart shows and also its bullish structure. Its second-best higher high – a key area of support has now been retested and has turned into resistance.

Additionally, the 9-hour EMA has made a ‘death cross’ with the 21-hour EMA – a clear sell indicator. The next area of support to watch sits in a range between $0.73 and $0.70. This could be a landing zone for Pi and the nearest target of this Pi price prediction.

Although Pi’s insider selling could result in the token missing this latest bullish cycle, the best crypto presales like SUBBD (SUBBD) have a bright future ahead.

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