Pi Token Volatility: Whales or Strategic Play?
Recent OTC transfers of over 200 million Pi tokens into private wallets have sparked significant market volatility, including a sharp 35%+ price dip followed by a quick rebound.
With Pi2Day nearing, the community is debating if these moves by major holders—often dubbed "whales"—are strategic accumulation ahead of major announcements or a calculated market manipulation. The silence from these large holders is only intensifying speculation and community tension.
Ultimately, these recent activities raise questions about smart positioning versus pre-event market manipulation within the Pi Network.