14M Pi Coins Vanish from Exchange: A Comedy of Errors and Hopes 🤑

Oh, the travails of Pi coin! It has tumbled more than 50% from its lofty perch of $1.40, a fall that would make Molière himself weep with laughter. Yet, amidst this chaos, a curious movement of tokens is afoot. Let us delve into the mirth and mystery. 

Behold, a grand spectacle! Some 14 million Pi tokens have been whisked away from an exchange and into the safety of Pi wallets. This grand exodus suggests that the grandees of Pi, the big investors and holders, are taking their tokens off the market to cradle them tenderly, a sign that they still believe in Pi’s future. Or perhaps they are just hiding from the storm. 🌪️

But wait, there’s more! A staggering 70 million Pi Coins were withdrawn from OKX, leading to a whirlwind of speculation. Was it the wallet of OKX itself, or perhaps the Pi Core Team? The mystery deepens, but the sell-off concerns linger like a bad smell. 🤢

Pi Coin: A Bullish Ballet 

According to the wise sages at CoinCodex, Pi Coin is set to pirouette to $0.937 in May, a 24% leap from its current price. Some experts predict it could soar to $2.34 by June and even reach the dizzying heights of $4.44 by November 2029, if the user base grows and the project develops successfully. A true ballet of bulls and bears! 🦁💃

Exchange Holdings: A New Record, A New Worry 

The amount of Pi Coins held on exchanges has reached an all-time high of 397 million Pi. But, oh, the irony! Around 7.6 million Pi Coins will be unlocked today, adding yet more volatility to the already tumultuous market. A comedy of errors, indeed! 

$PI has a new ATH.

The number of $PI coins in exchanges has hit the highest number in history.
397 million $PI held in exchanges.
The number might go higher after today’s unlocks. #PiNetwork

— MOON JEFF (@CRYPTOAD00) May 19, 2025

The technical signals for Pi are as mixed as a bag of marbles. Short-term trends are weak, suggesting a potential drop, but a few longer-term indicators hint at buying opportunities ahead. A true game of chance, where the only certainty is uncertainty. 🎲

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2025-05-20 11:04