The Pi Network’s cryptocurrency (PI) experienced a drastic price drop of over 90%, with the market reacting sharply to the withdrawal of a significant whale. This event has triggered concerns about the network’s stability and investor confidence, prompting questions regarding the impact on other cryptocurrencies. Despite this dramatic decline, there is still a lack of official statements from Pi Network’s leadership, leaving the market anxious for further information. The cause for this sudden price crash remains unclear, with many speculating it might be linked to the whale’s decision to halt buying activity. This has led to a concerning deterioration in sentiment within the cryptocurrency community and caused volatility in market exchanges.