Pi Network Price Plummets After Massive Withdrawal From OKX

The Pi Network price has experienced a dramatic drop following the sudden withdrawal of over 15.7 million tokens from the exchange OKX, triggering concerns about future market stability. While this withdrawal may signal long-term accumulation by some investors, it appears to have pushed the price down further. This is in part because another 119.4 million PI tokens are scheduled to unlock within the next month, potentially flooding the market and creating pressure on the price.