PI Whales Scoop Up 10M+ Tokens Amid Market Swings

BTCC / BTCC Square / Global Cryptocurrency /

Author:

Release Time:

2025-09-12 13:32:32

[TRADE_PLUGIN]PIUSDT,PIUSDT[/TRADE_PLUGIN] PI News -

Pi Network, a project that has swung between skepticism and Optimism in recent months, saw its token price rebound to $0.3577—marking a 3.5% weekly gain. Despite ongoing questions about its credibility, on-chain data reveals significant concentration among a small group of investors.

PiScan analytics identified 22 wallets controlling over 10 million PI, collectively valued at $3.5 million. The distribution follows classic power-law dynamics: 84.6% of addresses hold fewer than 10 PI, while the top 0.0001% of whales wield outsized influence. The Pi Foundation maintains ultimate control with 52.2 billion tokens ($18 billion) in its treasury.

By:

Log in to Reply

UK Trade Groups Advocate for Blockchain Inclusion in UK-US Tech Deal

Articles on this site are sourced from public networks or curated by AI for informational purposes only and do not represent BTCC’s views. Original rights belong to the respective authors. For copyright concerns, please contact [email protected]. BTCC assumes no liability for the accuracy, timeliness, or completeness of this information, and disclaims all liability arising from reliance on such content. This content is for reference only and should not be taken as investment, legal, or commercial advice.