Pi Network’s native cryptocurrency Pi Coin is witnessing huge whale curiosity with hundreds of thousands of cash shifting off the exchanges, amid sturdy talks of a possible Binance itemizing. Earlier in the present day, one other 70 million Pi moved off from crypto change OKX amid 25% value rally on the weekly chart.
Pi Coin Whale Activity Surges Amid Binance Listing Talks
Prominent crypto analyst Dr. Altcoin has sparked pleasure within the Pi Network group with claims of a major improvement. In a message on the X platform earlier in the present day, the analyst highlighted a whale pockets tackle that lately acquired 70,000,000 Pi Coins from OKX.
The similar pockets now holds roughly 155 million Pi—greater than any single account at present listed on Pi exchanges. Dr. Altcoin recommended that this uncommon accumulation signifies the potential of a significant centralized change (CEX) getting ready to record Pi.
“This can’t be just any user,” he famous, speculating that the pockets would possibly belong to Binance, the world’s largest cryptocurrency change, whereas including “What’s your guess? Mine is Binance!”
The good factor is that the Pi Coin every day buying and selling volumes have additionally witnessed a wholesome uptick. surging greater than 35% and shifting previous $300 million. The information of Binance listing Pi Network has additionally received merchants within the altcoin.
Pi Network To Hit Today Itself?
Amid 25% features on the weekly chart, numerous analysts predict a Pi price surge to $1 and past. In one other publish on X platform, Dr. Altcoin noted that he expects the Pi Network value to surge to $1 in the present day itself after seeing this huge whale accumulation.
Pi Coin skilled a major rally following hints from the Core Team a couple of main ecosystem replace set for May 14. This announcement coincides with the Consensus conference and follows the staff’s participation within the Token2049 occasion in Dubai. The Dubai gathering introduced collectively main figures within the crypto trade, together with TRON founder Justin Sun and Binance CEO Changpeng Zhao.
Bhushan Akolkar
Bhushan is a FinTech fanatic with a eager understanding of economic markets. His curiosity in economics and finance has led him to focus on rising Blockchain know-how and cryptocurrency markets. He is dedicated to steady studying and stays motivated by sharing the data he acquires. In his free time, Bhushan enjoys studying thriller fiction novels and infrequently explores his culinary abilities.
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