Pi Network News: $2.1M in Pi Coin Moved Off OKX as Whales Go All In
The post Pi Network News: $2.1M in Pi Coin Moved Off OKX as Whales Go All In appeared first on Coinpedia Fintech News
Pi Network is getting attention again, and this time it’s not just talk. In the past few days, nearly 4.8 million Pi Coins, worth over $2.1 million, have been pulled off the OKX exchange and sent to a private wallet. That includes a single transaction on July 23 for over 1.4 million Pi, worth around $676,000.
Whales Are Stacking, Not Selling
— Mr Spock 𝛑 (@MrSpockApe) July 23, 2025
Massive Pi Coin Withdrawal Today: Over 1.4 Million Pi Pulled from OKX in Single Transaction!
July 23, 2025 — Major movement just shook the Pi Network ecosystem. A jaw-dropping 1,498,751.6 Pi Coins, valued at approximately $676,986.10, was withdrawn from the global exchange… pic.twitter.com/CtvStYsujc
These large movements were highlighted by Pi Network analyst Mr Spock, who believes this could be a big turning point. According to him, this isn’t just regular trading; it’s whales loading up and moving Pi off exchanges, likely to hold long term.
When big holders do this, it often means they’re confident in where things are headed, not just looking to flip for quick gains. It also tightens the supply on exchanges, which can push prices higher if demand grows.
Right now, Pi is trading between $0.40 and $0.44, based on community estimates. With the mainnet launch still ahead, the mood among holders is growing more bullish by the day.
Pi Network Gears Up for Bigger Things
Beyond just price moves, the Pi ecosystem is growing fast. Over 13,000 apps have been launched through the Pi AI App Studio, and more businesses are starting to accept Pi for payments. The team is also aiming to plug Pi into the booming AI economy, which could be worth $18 trillion by 2030. Even a small piece of that could massively boost Pi’s value.
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Binance Wallet Accused of Manipulating Pi Price
But not everyone is celebrating. A Pi user going by PinoyPioneer on X has accused a wallet, believed to be controlled by Binance, of messing with Pi prices on exchanges. They claim this wallet is moving funds in a way that manipulates the market, and they’re calling for the Pi community to come together and take action.
The issue is that this Pi wallet, believed to be owned by Binance, is the one manipulating prices on the exchanges. That’s why we must unite to reclaim the hundreds of millions of Pi reportedly held by Binance. pic.twitter.com/TSoepNaoBG
— Pinoy𝝅Pioneer (@PinoyPioneer) July 23, 2025
While this accusation hasn’t been proven, it’s stirred up concern among some holders, adding more heat to an already charged atmosphere.
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FAQs
Nearly 4.8M Pi Coins were withdrawn from OKX by whales, signaling long-term confidence.
Whales moving Pi off exchanges reduces supply, which could boost prices if demand rises.
Over 13,000 Pi apps launched, with growing adoption in payments and planned AI integration.
Currently, there is no clarity on the launch of Pi coin on Binance.