🚨 200 Million PI Transferred Just Before June 28 Update*
Right before Pi2Day on June 28, a massive 200 million PI tokens were shifted from a liquidity reserve to a private wallet. Analysts like Moon Jeff suggest this is likely an OTC (over-the-counter) purchase by institutions — a sign of serious interest and strategic positioning.
*Why It’s Important:*
OTC buys help big investors avoid impacting market price, usually indicating long-term confidence.
🪙 *Current Price Snapshot:*
- Pi is hovering around 0.64 — about 772.98 peak.
- Silent accumulation suggests the distribution phase could be nearing completion.
*What’s Coming on Pi2Day?*
- Buzz around a possible Binance listing is growing.
- If listed, experts predict a surge to 1.20 or beyond, maybe even2.
📊 *Price Journey:*
- Feb 20 Launch: Opened at ~0.86, spiked 2,889
- Dropped 81
- Now: Trading near0.58–0.64, showing technical support signs.
📈 *Chart Insights:*
- Triple-bottom pattern & tight Bollinger Bands suggest a potential breakout.
- Resistance targets: 0.86 →1.00 → 1.20–1.67.
- $1.67 could be the key breakout level.
