"Whale Game" shakes Pi Network currency.. Who is the winner and who is the victim?

In light of the increasing momentum around Pi Network currency, it has become clear that the whales – the large traders or entities holding massive amounts of the currency – have started to impose their own rhythm on the market.

In the past few weeks, massive movements exceeding 200 million Pi coins have been observed, transferred to private wallets through over-the-counter (OTC) deals, which has caused violent price fluctuations, sometimes dropping over 35% in just a few hours, followed by a rapid rise driven by accumulation and waiting for the opportunity to swoop in again.

📉 This manipulation does not go unnoticed, as many users have begun to feel like victims of a "dumping game" being managed behind the scenes, especially with the ongoing ambiguity surrounding the Pi project and the delay in its official listing on major exchanges.

👥 While some bet that these movements may precede a major announcement at the Pi2Day event at the end of June, others see the project as an open field for massive speculation that does not reflect the true reality of the currency's value or its future.

Has Pi become just a paper in the hands of whales? Or is what is happening a prelude to a major launch?