Pi Network Sees Major Whale Activity, Will Prices Rally?

A mysterious investor has made a significant move in the Pi network, acquiring over 48 million PI tokens. This sudden surge in holdings is fueling speculation about potential price increases for the cryptocurrency. However, a large release of tokens is also expected, potentially leading to selling pressure and impacting price trajectory. 210 million PI are set to be released in the coming weeks, with April 30th expected to see the largest unlock. This could give early adopters an opportunity to cash out, which might depress prices. While this whale’s activity shows strong belief in Pi’s future, a potential price surge must contend with the looming release of tokens that could create selling pressure. The article will explore these contrasting factors and their potential impact on Pi Network’s price trajectory.