OKX Sees Massive Pi Network Withdrawal as 86 Million PI Tokens Exit Exchange

Pi Network’s price experienced a significant surge following the withdrawal of 86 million PI tokens from OKX, one of the largest cryptocurrency exchanges. This abrupt movement has sparked widespread speculation among traders and community members, with many interpreting it as a bullish signal for the digital asset.

Pi Network Price Soars After 86 Million PI Tokens Pulled from OKX Exchange

Pi Network’s price surged dramatically following the withdrawal of 86 million Pi tokens from OKX, one of the largest cryptocurrency exchanges. The move, executed within hours, has ignited speculation among traders and community members alike.

Market participants interpret the mass withdrawal as a bullish signal, citing reduced circulating supply as a potential catalyst for upward price momentum. Blockchain data confirms the exchange’s PI holdings dwindled to negligible levels post-transaction.

Controversy shadows the price movement, with unverified allegations circulating about post-Consensus 2025 market manipulation. Despite this, trading activity reflects strong bullish sentiment across PI markets.

OKX Launches xBTC on Sui Network to Boost Bitcoin DeFi Ecosystem

OKX has introduced xBTC, a Bitcoin-backed asset, on the sui blockchain, marking a strategic expansion of Bitcoin-centric decentralized finance (DeFi) solutions. The integration leverages Sui’s high-throughput infrastructure to offer scalable and secure BTCfi options for Web3 users.

Sui’s growing BTCfi ecosystem now includes xBTC alongside other Bitcoin-pegged assets, reinforcing its position as a competitive layer-1 platform for cross-chain DeFi innovation. The MOVE signals increasing institutional interest in bridging Bitcoin’s liquidity with smart contract functionality.