OKX Witnesses 102M Pi Network Token Exodus as Price Dips 3%

Pi Network’s native token, Pi Coin, experienced a significant movement of 102 million tokens off the OKX exchange amidst a 3% price decline. The token’s value dropped to $0.81, retreating from a brief surge to $1.60, which had sparked speculation of market manipulation. Currently, Pi Coin is testing critical support NEAR $0.79, with resistance levels forming between $0.99 and $1.20. Technical indicators, including a Relative Strength Index (RSI) of 52, suggest a neutral market stance that could attract contrarian buyers. Despite being 72% below its all-time high of $2.98, Pi Network’s on-chain activity continues to draw attention.

Pi Network Sees 102M Token Exodus from OKX Amid 3% Price Decline

Pi Coin’s valuation dipped 3% to $0.81, retreating from a fleeting spike to $1.60 that fueled market manipulation speculation. The token now teeters at critical support near $0.79, with overhead resistance forming between $0.99 and $1.20.

Technical indicators show the Relative Strength Index hovering at 52 - a neutral zone that may attract contrarian buyers. Despite being 72% below its $2.98 all-time high, Pi’s on-chain activity reveals unusual movement: analysts report 102 million tokens recently left OKX exchanges in a three-day span.

Pi Network Insider Selling Triggers Market Volatility Amid Token Withdrawal Surge

Pi Network faces mounting scrutiny as blockchain data reveals over 102 million Pi tokens moved from OKX in mid-May 2025. The transfers—including single transactions as large as 70 million Pi—coincide with a 3% price drop to $0.79, leaving the token 72% below its $2.99 all-time high.

While some investors frame the withdrawals as evidence of real-world adoption, market analysts highlight concerning patterns. The sell-off follows a 30% monthly gain, with the abrupt reversal suggesting underlying ecosystem instability. Questions about centralized control and insider transparency now overshadow PI Network’s price recovery narrative.