Pi Network Faces Liquidity Crisis After 102 Million Coin Withdrawals

The Pi Network venture is facing a liquidity crisis following the withdrawal of over 102 million Pi coins from OKX in recent days. This significant movement coincides with volatile market conditions and renewed discussion about the token’s long-term viability. With Pi Coin trading near $0.81, analysts are closely monitoring on-chain activity and futures market behavior for indicators of future direction. The recent withdrawals have fueled concerns about the project’s stability. 102.7 million Pi coins were withdrawn from OKX over the past three days, indicating the involvement of high-net-worth entities or institutional investors. This unusual activity has intensified scrutiny on Pi Network’s financial health and market dynamics.