Pi Network Eyes $1 Milestone as Mega Whale Acquires Millions in Tokens

Pi Network's price trajectory just got a major vote of confidence—from a crypto whale with deep pockets and even deeper conviction.

The Mega Move

A single entity snapped up millions of Pi tokens, signaling bullish momentum ahead of the network's open mainnet launch. The purchase—executed quietly but with undeniable impact—fuels speculation that Pi could challenge the psychological $1 barrier.

Why Whales Matter

Large acquisitions often precede retail FOMO. This buy suggests institutional or high-net-worth interest in Pi’s mobile-first mining model and scalable consensus机制. Whether this triggers a sustained rally or just another 'whale dump' setup remains the billion-token question.

Reality Check

Pi still trades primarily on unverified markets—a detail conveniently overlooked by moon-bag holders. Mainnet transition delays and regulatory gray zones add risk. But when whales place bets this big, even skeptics pay attention.

Because nothing says 'sound investment' like following the guy who bought millions of tokens that aren't even fully tradable yet.

Pi Network price technical analysis

Technicals suggest that the PI coin price may surge soon. The most bullish case is that it has formed a large falling wedge pattern. This pattern comprises two falling and converging trendlines. These two lines have now converged, meaning that a bullish breakout is possible.

The other bullish catalyst is that the coin has formed a double-bottom pattern at $0.3380. Also, the coin may be in the accumulation phase of the Wyckoff Theory.

Therefore, the coin will likely have a strong bullish breakout this month, potentially to the psychological point at $1, which is 185% above the current level.