The Pi Network’s native
#cryptocurrency , Pi Coin, is making headlines with increased whale activity and speculation about a potential listing on Binance, one of the world’s largest centralized crypto exchanges.
In a notable move, a single whale wallet reportedly acquired 70 million Pi Coins from crypto exchange OKX, boosting its total holdings to an astounding 155 million Pi. This makes it the largest known wallet holding Pi on any exchange. The transfer has ignited a flurry of speculation across the crypto community, with many suggesting that such accumulation could be linked to preparations for a major exchange listing.
Is
#BİNANCE Behind the Whale Wallet?
Prominent crypto analyst Dr. Altcoin took to the X platform to share his insights, hinting that the mysterious whale wallet might be controlled by Binance, based on the scale and timing of the accumulation. He remarked, “This can’t be just any user,” suggesting the involvement of an institutional player. With daily trading volume for Pi Coin surpassing $300 million—a more than 35% increase—momentum is clearly building.
Price Rally and $1
#Prediction Pi Coin has surged 25% over the past week, with growing anticipation of a major price breakout. Analysts are now forecasting that Pi could hit $1 or more, possibly as early as today. Dr. Altcoin, among others, attributes the price
#momentum to both whale activity and upcoming ecosystem updates.
Key Events Fueling the Hype
Fueling the excitement is a major ecosystem update scheduled for May 14, coinciding with the Consensus conference—a major event in the blockchain space. This follows Pi Network’s active participation in Token2049 , where the Core Team engaged with top industry figures including TRON founder Justin Sun and Binance CEO Changpeng Zhao.
What Is Pi Coin?
Pi Coin is the native cryptocurrency of the Pi Network, a blockchain project that started with the vision of making crypto mining accessible to everyday users through mobile devices. Launched by a group of Stanford PhDs, Pi Network has grown into a massive community of over 40 million users worldwide. However, Pi remains in the Enclosed Mainnet phase, meaning users can transact within the Pi ecosystem but cannot yet fully trade Pi on open markets—pending the launch of its Open Mainnet.
Despite this, several exchanges such as HTX (formerly Huobi) and OKX have allowed limited Pi trading via IOUs (I Owe You tokens), which represent a future claim on actual Pi Coins. The strong trading interest—even without full mainnet availability—underscores growing belief in Pi’s long-term potential.
Conclusion
While official confirmation of a Binance listing is still pending, the signs are increasingly compelling. Massive whale acquisitions, rising volumes, a major event on the horizon, and a price surge all point toward Pi Coin becoming a more significant player in the altcoin market in 2024. Investors and community members will be watching closely as May 14 approaches.