Pi Network Whale Shifts 10M+ Tokens Amid Price Rally Past $0.50
Pi Network (PI) has experienced notable whale activity, with more than 10.3 million tokens withdrawn within a six-day span. This movement aligns with a price surge above $0.50, although the token currently trades at $0.4776, reflecting a 4.63% decline over the past 24 hours. Trading volume jumped 84.77% to $208 million, indicating heightened market interest.
Symbolic transfers of 3.14 PI—a reference to the mathematical constant π—have fueled community speculation. Analysts propose these transactions, originating from a wallet associated with 320 million Pi in historical activity, may signal strategic positioning by an early miner or institutional player.