The Pi Network is witnessing significant whale trading activity ahead of the June 28 update.
💥 Transfer of 200 million Pi tokens.
A massive transfer of 200 million Pi tokens has caught the market's attention. Analysts believe this may indicate increasing institutional interest through off-exchange trading channels, potentially representing the beginning of a significant bullish accumulation. 🐳🔍
📅 Countdown to Pi Day and Binance forecasts.
As Pi Day on June 28 approaches, investor circles are buzzing with rumors about its listing on Binance. Optimism is growing that this milestone could push Pi Day above $1.20, paving the way for a significant rise. 📈🔥
Pi Network whale activity is causing a stir in the market ahead of Pi Day.
The Pi Network is back in the headlines after a large whale trading deal revived investor interest. While PI is currently trading at $0.6423, down 77.13% from its all-time high of $2.98, recent on-chain activity suggests a potential price recovery.
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🔄 Transfer of 200 million PI tokens - what's the story?
The transfer of 200 million PI tokens from liquidity reserve to a private wallet has sparked speculation in the cryptocurrency world.
According to analyst Moon Jeff, this move is likely to represent an over-the-counter (OTC) deal - a method often used by institutional investors to avoid impacting market prices.
> Jeff posted on X: "This type of quiet accumulation usually indicates strong confidence from major players."
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🧠 The significance of this move.
Over-the-counter transactions are typically executed by large investors outside of public exchanges. This indicates strategic accumulation and potential institutional interest, even during the current consolidation phase of Pi.
PI price: A volatile journey
February 20 (launch): PI closed at $0.86.
February 20-26: Increase of **2,889.30%.
