Pi Coin Surges Toward $0.53 as Crypto Whale Gobbles 350M Tokens in Market Chaos

Crypto's latest rollercoaster ride just got wilder—Pi Coin bulls charge as a mystery whale swallows 350 million tokens whole.

Market movers and shakers

While retail traders were busy refreshing price charts, some deep-pocketed player just dropped what amounts to a nuclear 'buy' order. The 350M Pi Coin purchase—worth roughly $185 million at current prices—sent shockwaves through order books.

Volatility as a service

The move comes during what crypto traders affectionately call 'Tuesday'—another day of stomach-churning 20% price swings. Pi Coin's 48-hour chart currently resembles an EKG reading from a caffeine overdose.

Finance's cynical corner

Because nothing says 'sound investment' like following the lead of anonymous entities moving nine-figure sums in an unregulated market. Just don't look at the 99% of altcoins that eventually flatline.

TLDR

• The Pi Coin price has dropped by 2.94 percent in the past 24 hours and is now trading at $0.354.
• Bollinger Bands are expanding again which signals a possible recovery toward the $0.53 level.
• In May, a similar pattern led to a 65 percent increase in the Pi Coin price within five days.
• A large wallet not linked to the Pi Foundation has accumulated over 350 million Pi Coins worth more than $125 million.
• The Relative Strength Index is oversold which indicates that selling pressure may be losing strength.

The Pi Coin price dropped by 2.94% in the last 24 hours, now trading at $0.354. Despite this decline, signs of a possible rebound have emerged as indicators shift. A recent expansion in Bollinger Bands suggests the price might soon reverse its downward movement.

Pi Coin Price Signals Possible Short-Term Upswing

The PI Coin price touched a low of $0.32 on Friday before showing signs of stabilization. At the same time, Bollinger Bands began to widen, mirroring a setup from May. Then, a similar divergence led to a 65% price surge within five days.

Although a repeat of May’s rally to $0.584 remains uncertain, the technical outlook supports a potential rise. Analysts focus on the 61.8% Fibonacci retracement level, which stands at $0.58. This level could be the next major resistance if upward momentum builds.

The Relative Strength Index (RSI) has entered oversold territory, signaling weakening selling pressure. This situation suggests the Pi Coin price might find a short-term bottom NEAR current levels. If sellers slow down further, the price could consolidate before any upward movement resumes.

Whale Accumulation Raises Long-Term Interest

A notable wallet, unrelated to the Pi Foundation, has accumulated over 350 million Pi Coins. Based on today’s Pi Coin price, the holding is now worth more than $125 million. This entity has consistently purchased tokens through centralized exchanges since early 2024.

Dr. Altcoin, a known Pi Coin advocate, continues tracking the wallet and confirms ongoing accumulation. Although questions remain about its ownership, no LINK to the Pi Foundation has been established. Market participants consider the wallet’s buying behavior as a possible long-term signal.

This wallet – GASWBDATCXXIUGHR7DWSFAAONZB2L5NFMBTDCYQQ2TQLRQNCTKJ2AODM – holds 350.5 million Pi coins, currently valued at over 125 million dollars. It ranks as the 6th largest Pi account, following only the five known wallets belonging to Pi Foundations and the Liquidity… pic.twitter.com/Uw7xm2s5uI

— Dr Altcoin (@Dr_Picoin) August 4, 2025

Moreover, the wallet’s activity might help offset the unlocking of 155 million PI tokens scheduled for August. With new supply entering the market, such accumulation could stabilize the Pi Coin price. For now, the buying pressure from this whale remains a critical factor.

Pi Coin Network Activity and Supply Adjustments

Pi Network recently adjusted its mining rate to the lowest level since its inception to strengthen token value. The MOVE could support the Pi Coin price by controlling supply amid rising token unlocks. This decision aligns with long-term sustainability strategies adopted by similar blockchain projects.

Meanwhile, the expanding Bollinger Bands suggest increasing volatility ahead for Pi Coin price. Historical patterns indicate that such technical conditions often lead to strong directional moves. Traders now look to see if bullish momentum returns before more supply enters circulation.

Overall, the Pi Coin price sits at a key level, shaped by technical indicators and whale accumulation behavior. Market reactions this month may determine if a recovery toward $0.53 is achievable.