Pi Network latest news | The mysterious giant whale spent 150 million US dollars to buy Pi! Behind the 331 million PIs is the secret of the exchange listing mystery? | Is the expected listing of PaiCo Binance heated up? | The sixth largest holding address
In the past three months, a mysterious wallet called "GAS...ODM" has withdrawn a total of 331 million #PI tokens from mainstream exchanges, with a total value of approximately US$148.5 million. Its operations are characterized by "downward step-by-step position building", with most of the increase in holdings near the support level of US$0.44. Currently, the positions account for 4.5% of #PiNetwork's current circulation supply, reducing the available circulation volume and instant selling pressure in the market, creating conditions for a potential rebound. #Pi price has plummeted by 84% from its historical high since its main network was launched in February 2025, and the root cause is its token economic model. The token release mechanism with a total of 100 billion coins has brought continuous selling pressure. Although the unlocked volume is expected to decline in August, the monthly new supply is still far exceeding demand, making the community's expected "$10 target" difficult to achieve at the market value level. Regarding the identity of the mysterious giant whale, there are two speculations in the market: one is that the core team stabilizes the market through repurchase, and its buying rhythm is highly consistent with token unlocking; the other is to reserve liquidity for Binance's listing, and Pi's recent wallet security upgrade may be prepared for compliance before listing. #Pi Coin still has development potential. It has more than 14 million KYC certified users covering 155 countries, rich ecological applications, and a US$100 million venture fund to support developers. The current price game is fierce, with US$0.4 being the key long and short line, and the technical side divergence confrontation with Giant Whale buying, and also facing risks such as SEC supervision and data leakage. The ultimate success or failure of #Paycoin depends on whether it can transform from a "traffic product" to a "value network" in 2025 to support the price of coin matching its token supply. [Note⚠️, cryptocurrencies are high-risk investments, and you may lose all your principal. If you don’t understand, it is recommended not to participate. This video has no investment advice, only as information sharing] In the past three months, the mysterious wallet "GAS...ODM" has withdrawn a total of 331 million PIs from mainstream exchanges, with a total value of approximately US$148.5 million, showing a "declined position building". The plunge in Pi price is due to the token release mechanism, and the identity of the giant whale has become a mystery. It has user and ecological advantages, but it also faces price games and regulatory risks. Success or failure depends on whether it can transform. #Pi Network Latest News
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