Highlights
Pi Network’s native cryptocurrency Pi Coin is witnessing massive whale interest with millions of coins moving off the exchanges, amid strong talks of a potential Binance listing. Earlier today, another 70 million Pi moved off from crypto exchange OKX amid 25% price rally on the weekly chart.
Prominent crypto analyst Dr. Altcoin has sparked excitement in the Pi Network community with claims of a significant development. In a message on the X platform earlier today, the analyst highlighted a whale wallet address that recently acquired 70,000,000 Pi Coins from OKX.
The same wallet now holds approximately 155 million Pi—more than any single account currently listed on Pi exchanges. Dr. Altcoin suggested that this unusual accumulation indicates the possibility of a major centralized exchange (CEX) preparing to list Pi.
“This can’t be just any user,” he noted, speculating that the wallet might belong to Binance, the world’s largest cryptocurrency exchange, while adding “What’s your guess? Mine is Binance!”
The good thing is that the Pi Coin daily trading volumes have also witnessed a healthy uptick. surging more than 35% and moving past $300 million. The news of Binance listing Pi Network has also got traders interested in the altcoin.
Amid 25% gains on the weekly chart, a large number of analysts are expecting a Pi price surge to $1 and beyond. In another post on X platform, Dr. Altcoin noted that he expects the Pi Network price to surge to $1 today itself after seeing this massive whale accumulation.
Pi Coin experienced a significant rally following hints from the Core Team about a major ecosystem update set for May 14. This announcement coincides with the Consensus conference and follows the team’s participation in the Token2049 event in Dubai. The Dubai gathering brought together leading figures in the crypto industry, including TRON founder Justin Sun and Binance CEO Changpeng Zhao.
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