BTCC
/
BTCC Square
/
Global Cryptocurrency
/
Whale Movement Sparks Speculation as PI Network Prepares for Crucial Protocol Upgrade
Whale Movement Sparks Speculation as PI Network Prepares for Crucial Protocol Upgrade
19
1
[TRADE_PLUGIN]PIUSDT,PIUSDT[/TRADE_PLUGIN]
PI News -
PI Network has returned to the crypto spotlight following a substantial 200 million PI token transfer between undisclosed wallets. Analysts suggest this could indicate an over-the-counter institutional transaction, occurring just weeks before the project''s highly anticipated June 28 protocol update.
The token''s price action demonstrates characteristic volatility - having surged 2,889% post-launch before experiencing multiple 50%+ corrections. Currently trading at $0.6423 with a 1% daily gain amidst a 14.3% two-week decline, market sentiment remains divided. While some view whale accumulation as a bullish development signal, others express concerns about ongoing project delays.
By:
Previous
Elite Footballers Named in $3.4 Million Crypto Fraud Case
Next
South Korea Tightens Crypto Regulations in 2025 with Focus on Transparency and AML Compliance
