The latest **Pi Network rich list** for June 2025 reveals that a **burn address** holds the largest share—**17.47 billion Pi tokens**—significantly reducing circulating supply.
**Key Insights:**
- Despite only **7.6 billion Pi tokens** in circulation, early adopters and major investors dominate the rich list.
- Pi remains one of the most talked-about tokens, fueled by years of community buildup and post-launch hype, including a peak price of **$2.98**.
- The **top 100 wallets** collectively control **96.37%** of Pi’s total supply, raising concerns over centralization.
- Just **15,316 holders** possess **96 billion Pi tokens**, valued at **$48.6 billion** at current prices.
**Breakdown of the Top Holders:**
- The **top 10 wallets** alone hold **61.1%** of the total supply, with individual whales (non-contracts) owning the majority.
- A **burn address (0x000…dEaD)** is the largest holder, locking away **17.46 billion Pi (17.47% of supply)**—reducing sell pressure.
- The **second-largest holder** is **PancakeSwap V2’s BSC-USD-PI liquidity pool (9.48%)**, which is actively traded.
- The remaining **top wallets** hold **35% of the supply**, while smaller holders own less than **4% combined**.
**Centralization Risks:**
With such heavy concentration among a few wallets, large holders could significantly impact Pi’s price—especially if they decide to sell. This imbalance highlights potential volatility risks despite Pi’s strong community backing.