Major Whale Movement: 200M $PI Tokens Change Hands in OTC Deal
A significant whale transaction has just been detected in the Pi Network ecosystem. 200 million PI tokens (worth approximately $128M at current prices) were transferred from a liquidity pool to a private wallet via an OTC deal.
This institutional-level accumulation comes just weeks before #Pi2Day on June 28, when major network announcements are traditionally made. The timing has sparked speculation about a potential Binance listing or other significant ecosystem developments.
Despite being down 77% from ATH, PI is showing signs of renewed interest with this massive OTC purchase. Technical indicators show PI entering its Ichimoku cloud with key resistance at $0.66.
Is this strategic accumulation by large players signaling confidence in Pi Network's future? The community watches closely as June 28 approaches.
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