Introduction to Pi Network

The main slogan that initially attracted users to Pi Network was that they could mine for free using their mobile phones, and despite not having a mainnet launched, they quickly accumulated tens of millions of users.

Explosive on-chain message: Is an internal wallet suspected to be shipping out?

According to a report by Coinpedia on May 24, 2025, over 102 million PI coins were withdrawn from the OKX exchange in just three days, a move that quickly ignited market attention on insider cashing out. On-chain analyst Dr. Altcoin further pointed out that a wallet created four years ago transferred out 1.4 million PI coins, ultimately landing on Gate, valued at approximately $1.1 million.

(Source: Dr_Picoin)

These actions are not isolated cases; multiple large transfers have been pointed out to be related to wallets controlled by the Pi Core Team. It is rumored that these wallets may hold up to 90 billion PI tokens, which accounts for an absolute dominance in the total supply, raising serious doubts about the fairness and transparency of the project.

Some community members suspect that this may be the team liquidating through the already listed exchange to raise funds for the launch of the Pi Network Ventures project. However, even so, whether to transparently disclose and coordinate with the community regarding the flow of these funds remains an unresolved question.

Price prediction of PI

Through AI model data calculations, referencing past PI prices and related information, predictions for future prices are made, intended only for data sharing and not as investment advice. Refer to the following chart:

PI price prediction trend

PI Price Prediction and Confidence Interval

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Summary

The Pi Network is at a crossroads of faith and competition. On one hand, it has the potential to rewrite the Web3 onboarding model with its large user base; on the other hand, issues such as centralized control of funds, an unfinished mainnet, and opaque fund flows remain a pressure cooker for price increases.