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Pi Network Grapples With Liquidity Crunch as 212M Tokens Hit Markets in May
Pi Network Grapples With Liquidity Crunch as 212M Tokens Hit Markets in May
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[TRADE_PLUGIN]PIUSDT,PIUSDT[/TRADE_PLUGIN]
PI News -
Pi Network faces intensifying sell pressure as quarterly token unlocks release 212.2 million PI into circulation this month. The project’s circulating supply is set to expand by 668 million PI through July—marking the largest unlock event until 2027.
Exchange wallets now hold over 387 million PI tokens, creating a challenging scenario of dwindling liquidity paired with growing sell-side inventory. PiScan data shows trading volumes have plummeted just as exchange reserves reach all-time highs.
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