The Pi Network community is full of excitement after a huge transaction took place

The Pi Network community is full of excitement after a huge transaction took place. A large investor (called a "whale") bought 70 million Pi Coins (PI) from the #OKX

The Pi Network community is buzzing with excitement following a massive transaction that saw a large investor, often called a "whale" in crypto circles, buy 70 million Pi Coins (PI) from the OKX exchange.

This investor now holds a whopping 155 million PI coins in one wallet, making it the biggest holding on any exchange. This move has sparked rumors of Binance about to list Pi Coin.

"This whale just bought 70M $PI from OKX and now holds 155M $PI in one wallet - the biggest holding on any exchange. Is Binance about to list #PiCoin?" asked a crypto influencer, Dr. Altcoin, on X (formerly Twitter).

He added that “no normal user” would have an amount like this and went on to speculate that the wallet might belong to Binance. “What’s your guess? Mine is Binance!” he said, further fueling hopes of Binance's involvement in providing PI for trading.

Interest in Pi Coin has been surging rapidly. Its price shot up 25% this week alone, and daily trading volume soared 35% to cross the $300 million mark.

Many traders are showing interest in the coin, mainly due to rumors of Binance listing it and new updates in the Pi Network system.

The Pi Network team is teasing a big update for May 14, which will happen during the Consensus crypto conference. This follows their recent appearance at the Token2049 event in Dubai, where big names like Binance CEO Changpeng Zhao (CZ) and TRON founder Justin Sun also attended.

These events are bringing more attention to Pi Coin, and some believe partnerships or exchange listings may be announced soon.

Dr. Altcoin is very optimistic about PI's future and said it might even reach $1 today with all the excitement.

However, it's important to note that PI doesn't have a fixed market price yet as it's still in the Mainnet transition phase and uses a mobile mining model. But if Binance lists it, it could be a significant step for the coin.

If Binance lists Pi Coin, it would make it easier for people to buy and sell PI and give it more trust and value.

Exchanges like OKX and Huobi have already listed PI IOU tokens in a limited way, but Binance's support could cause a huge increase in demand. Usually, when a coin gets listed on Binance, its price goes up a lot.

Also, the whale's choice to move such a large amount of PI from exchanges suggests they are planning to hold it for a long time, which is something investors often do before big announcements.

If this whale is actually Binance, it could mean the exchange is getting ready to provide enough PI for future trading.

The Pi Network community is eagerly awaiting this breakthrough. Pi Network's journey has been different from other cryptocurrencies as it uses a mobile mining model and has already gathered over 35 million users even before fully launching its Mainnet.

While some doubted it because of delays, recent news shows real progress. The community is now watching closely, hoping that Binance will list PI and help it become a popular and trusted cryptocurrency.

With the May 14 update coming soon, everyone is eager to see what Pi Network will do next. Whether or not the whale's actions lead to a Binance announcement, one thing is certain: Pi Coin is gaining attention in the crypto world.