Pi Coin的暴跌：90％崩溃的鲸鱼积累失速

检查了Pi Coin从Grace造成的戏剧性掉落，重点是鲸鱼暂停的积累和对网络的整体褪色信心的影响。

Remember Pi Coin? Earlier this year, it was all the rage. Now, things have taken a turn for the worse. What's going on with Pi Coin, the massive crash, and the mysterious whale accumulation? Let's dive in.

还记得PI硬币吗？今年早些时候，这真是愤怒。现在，情况变得更糟了。 PI硬币，大规模崩溃和神秘的鲸鱼积聚发生了什么？让我们潜水。

The 90% Crash: A Meteoric Fall

90％的撞车事故：迅速秋天

Pi Network's rise was impressive, but the fall has been equally dramatic. The token, once valued near $20 billion, has plummeted over 90% from its February highs, now sitting closer to $2 billion. Ouch! What happened?

PI Network的崛起令人印象深刻，但跌倒同样引人注目。曾经价值接近200亿美元的代币从2月的高点下降了90％以上，现在接近20亿美元。哎哟!发生了什么？

The Whale's Tale: Accumulation Stalls

鲸鱼的故事：积累摊

A mysterious whale was aggressively scooping up Pi Coin, amassing over 383 million tokens worth around $100 million. This buying spree propped up the market for weeks. But then, the buying stopped. Did the whale reach their target? Are they pausing? Or have they soured on Pi altogether? The market is left guessing.

一条神秘的鲸鱼正在积极地挖出Pi Coin，积累了超过3.83亿个代币，价值约1亿美元。这种狂欢的购买率支撑了市场数周。但是后来，购买停止了。鲸鱼达到了目标吗？他们在暂停吗？还是他们完全在Pi上酸了？市场猜测。

Market Momentum Fades

市场动量逐渐消失

With the whale on the sidelines, demand has thinned. Daily trading activity has slipped to around $30 million, which is pretty low for a token with such a high valuation. Even a keynote appearance by Pi Network's co-founder couldn't revive confidence. Technical indicators are flashing red, suggesting further selling pressure.

随着鲸鱼的缘故，需求变化了。每日交易活动已下跌至3000万美元，这对于具有如此高估值的代币相当低。即使是PI Network的联合创始人的主题演讲也无法恢复信心。技术指标正在闪烁红色，表明进一步的销售压力。

Beyond Pi: Newer Opportunities

超越PI：新的机会

Some investors are looking beyond Pi, drawn to newer tokens that blend hype with stronger foundations. For example, MAGAX has attracted over 4,000 presale holders, showing strong retail conviction. While Pi could recover if adoption and listings pick up, MAGAX is seizing the speculative wave, drawing capital from investors chasing higher returns.

一些投资者正在超越PI，这吸引了较新的令牌，这些代币与更强的基础相结合。例如，Magax吸引了4,000多个预售持有人，显示出强烈的零售定罪。虽然PI可以收养和上市，但Magax夺取了投机浪潮，从投资者那里汲取资本，从而追求更高的回报。

The Future of Pi Coin

PI硬币的未来

The market's fate seems tied to that one silent whale. Will they start buying again, or will they unload their stash? Only time will tell. For now, keep an eye on exchange listings, liquidity upgrades, and whether Pi can break resistance above $0.30–$0.35.

市场的命运似乎与那只沉默的鲸鱼有关。他们会再次开始购买，还是会卸载藏匿处？只有时间会证明。目前，请密切关注交换清单，流动性升级以及PI是否可以打破0.30至0.35美元的阻力。

So, what’s the takeaway? Pi Coin's journey has been a rollercoaster, and the future is uncertain. But hey, in the world of crypto, isn't it always? Buckle up, because it’s bound to be a wild ride!

那么，收获是什么？ Pi Coin的旅程一直是过山车，未来是不确定的。但是，在加密世界中，不是总是吗？扣紧，因为它一定会很疯狂！