🐋 "Whale Game" Shakes the Pi Network Currency... Who is the Winner and Who is the Victim?
Amid the increasing momentum around the Pi Network currency, it has become clear that whales – the large traders or entities holding massive amounts of the currency – have begun to impose their own rhythm on the market.
In the past few weeks, massive movements exceeding 200 million Pi coins were observed being transferred to private wallets through over-the-counter (OTC) transactions, causing violent price fluctuations, sometimes dropping more than 35% within a few hours, followed by a rapid rise driven by accumulation and waiting for the opportunity to pounce again.
📉 This manipulation does not go unnoticed, as many users have begun to feel that they are victims of a "dumping game" being run behind the scenes, especially with the ongoing ambiguity of the Pi project and the delayed official listing on major exchanges.
👥 While some bet that these movements may precede a significant announcement at the Pi2Day event at the end of June, others believe that the project has become an open arena for massive speculation that does not reflect the true reality of the currency's value or its future.
Has Pi become just a pawn in the hands of the whales? Or is what is happening a prelude to a major launch?
The answer remains suspended... between hope and deception.