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PI Token Faces Suspected Whale Manipulation as Price Dips 1.57% to $0.46
PI Token Faces Suspected Whale Manipulation as Price Dips 1.57% to $0.46
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[TRADE_PLUGIN]PIUSDT,PIUSDT[/TRADE_PLUGIN]
PI News -
The Pi Network token is under renewed scrutiny after an unexpected 1.57% price drop to $0.46, despite recent platform advancements including the PI App Studio launch. Market data shows a curious imbalance with buy orders dominating at 58% versus 42% sells, yet concentrated sell walls at $0.459 and buy clusters at $0.457 suggest coordinated price suppression.
Seasoned traders recognize classic whale tactics—large holders potentially driving prices down to accumulate positions before an expected rally. This pattern mirrors traditional crypto accumulation strategies during low-liquidity periods. The timing coincides with Pi Network's monthly token unlock event, which has historically triggered volatility.
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