Pi Coin Drops 4% While Major Whale Acquires 48 Million Tokens

by Ron Effertz

Pi Coin’s label has dropped by more than 4% and is now trading at around $0.61. It’s in the intervening time transferring sideways, caught between resistance at $0.68 and give a enhance to at $0.617. Technical charts, in conjunction with the Ichimoku Cloud and RSI, disguise that the market is in doubt about its next hurry.

There may well be a key resistance level at $0.706 — if Pi breaks above that, the value may well well per chance per chance rapidly jump by 10%. Nonetheless, Pi Coin is down almost 80% from its excessive earlier this one year, making it one amongst the worst performers in the market appropriate now.

🔥 48M Pi appropriate amassed by wallet GASW (opened on 06/03/2025), with ZERO locked Pi.
Can also it be a company, an infinite group, or even a authorities?

While Pioneers lose hope, large gamers are silently scooping it all.
If they agree on a label >$100, Pi Community will… pic.twitter.com/zEDSsnKtoz

— Pi Community VietNames (@PiNetworkVNes) April 26, 2025

On the assorted hand, something attention-grabbing is occurring on the abet of the scenes. A wallet named “GASW,” created on March 6, 2025, appropriate supplied 48 million Pi coins — and none of them are locked. This can mean that a serious participant, treasure a firm, establishment, or even a authorities, is getting moving.

Totally different Particular Catalysts:

Binance, one amongst the supreme cryptocurrency exchanges, has shared unique itemizing guidelines that have caught the dignity of the crypto world — specifically fans of Pi Coin. Since the platform now has more relate solutions for in conjunction with unique tokens, many deem this is able to well presumably originate the door for Pi Coin to be listed on Binance soon.

Meanwhile, the Pi Community team lately shared a roadmap for his or her migration route of to improve transparency and acknowledge to user issues. On the assorted hand, the update left many disenchanted, because it didn’t encompass diminutive print treasure how many users are aloof waiting or how many accounts may well well per chance also simply even be migrated on every day basis. Taking a leer forward, the Pi Community is determined to relieve the Consensus 2025 tournament, which would perchance well per chance per chance elevate foremost news and updates for the Pi community.

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