#WhaleMovements Pi Network News: 119 Million Tokens to Be Released by Month-End
Pi Coin is currently trading at $0.59, struggling to break above key resistance at the $0.60 level. The drop follows a steep decline in recent days, with the token down over 30% in the last 14 days and more than 80% below its February 26th peak.
The price pressure comes as a massive token unlock continues to unfold. According to PiScan, more than 119 million Pi tokens are expected to enter circulation this month alone, with 1.4 million already unlocked on April 11 alone. The remaining tokens will be released gradually throughout the rest of the month#BTCRebound .
