Do you remember? In early 2019, 2020 – everywhere you went, you encountered the invitation: “Mine Pi, it’s free! Who knows, it might be worth a thousand bucks later!”

And just like a collective psychological game, tens of millions of users have downloaded the app, checked in every day, hoping that one day, Pi will “hit the market”.

Some have been involved for 4-5 years, some have given up midway. Some see this as a wise gamble, others call it a “blockchain pyramid scheme”. But now, as the crypto market seems to be cooling down, Pi has unexpectedly exploded — with data that cannot be ignored: over 102 million Pi withdrawn from OKX in just 72 hours.

And the big question returns: Does Pi Network really work? Is it worth trusting or not?

⛓️ 102 million tokens – Proof that cannot be ignored

According to data from on-chain analyst @MrSpockApe, in just 3 days, exactly 102,776,657.17 Pi was withdrawn from OKX – one of the largest and most reputable exchanges in the world.

What’s more noteworthy is that many transactions have extremely large volumes – some transactions reached over 70 million Pi in a single transfer. And transaction fees? Extremely low – some only cost 0.01 Pi, indicating that Pi's blockchain network not only operates but also optimizes well for large transactions.

This is no longer a rumor. This is clear on-chain evidence. If a system is not operational, how can there be such cash flow? And if the token has no value, why are there transactions worth tens of millions of dollars?

💼 But the joy is not complete: The ‘insider’ wallet appeared

As soon as the community began to get excited, an investigation from @Dr_Picoin made many people wary. According to on-chain data, a wallet created over 4 years ago – believed to be an internal Pi wallet – transferred over 1.4 million Pi to a new wallet. This wallet then pushed a large amount of tokens to Gate.io.

Although the Core Team may be doing this to serve goals such as developing the 100 million USD Pi Ventures ecosystem, the community still questions:

• Who is controlling the cash flow?

• What is the token unlock mechanism?

• Are internal activities transparent?

In the crypto world – where decentralization is core – transparency is no longer an option, but a matter of survival.

📈 Market reaction: Prices increase, trading volume explodes

After the news of 102 million tokens withdrawn from OKX, the price of Pi on trading platforms skyrocketed to 0.80 USD, before slightly adjusting down to around 0.77 USD. Although this number is still quite far from the ATH (All-Time-High) of 2.99 USD, positive signals are clearly visible:

• Daily trading volume exceeds 30 million USD

• Strong interest is returning from the community

• The 0.90 USD mark is considered a significant psychological resistance by technical analysts — if surpassed, Pi could become a “hot” asset for the first time after many years off the radar.

💡 From a fanciful idea to a true Web3 ecosystem?

The appeal of Pi Network has always been one thing: simplicity. Users do not need to invest, just register and press a button every day to earn Pi. As a result, the network has attracted over 47 million users.

But from here to Pi being usable in reality – is a long journey.

Current reality:

• The blockchain is operational

• Tokens can be traded on the exchange

• Large cash flow is moving

• The community is starting to show interest again

Of course, there are still many unanswered questions: the legality of Pi, the ability to scale dApps, the openness of the ecosystem… but at least, Pi has taken a very important step: entering the global cryptocurrency market publicly.

📌 What will determine the success or failure of Pi this year?

Here are 3 factors that the community is closely monitoring:

1. The transparency from the Pi Core Team

Will they clearly announce the token distribution mechanism? Who holds most of the liquidity? What is the next technical roadmap?

2. The ability to apply in reality

Will Pi only be a trading token, or will it integrate with Web3 services, games, and payment applications?

3. The sustainability of the community

47 million users is a huge number. But without a clear roadmap and development incentives, this community could dissolve quickly.

📣 Conclusion: Pi is no longer a “fanciful story”

Once labeled as a “shady project,” “free virtual coin,” and even “blockchain pyramid scheme,” Pi is now achieving what few expected:

• There is an operational blockchain

• There is a trading support floor

• There is clear on-chain data

• There is a huge community

Of course, the road ahead is still long. But one thing is clear: Pi is no longer dormant. Pi has transformed. And now, either you follow it closely — or you miss out on one of the largest Web3 social experiments ever.

📌 What do you think about the event of withdrawing 102 million Pi from OKX?

Is this a real revival or just a “signal flare” before sinking?

Leave your opinion in the comments — engage in civilized debate, looking towards the Web3 future!

#DolugCrypto #PiNetwork #CryptoNews #BlockchainUpdates #PiMainnet2025