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Altcoin News

Whales Buy 20M Pi Coins, Pi Network to Mirror Bitcoin Rise?

Many believe the coin could cross $1 in value by the end of the week, especially if the current pace of accumulation continues.

Written By:
Jalpa Bhavsar

Reviewed By:
Kritika Mehta

Last updated: May 10, 2025 1:52 AM
Published May 10, 2025 12:47 AM
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Last updated: May 10, 2025 1:52 AM
Published May 10, 2025 12:47 AM
Whales Buy 20M Pi Coins, Pi Network to Mirror Bitcoin Rise

Big investors are buying huge amounts of Pi Network’s Pi Coin, creating a supply shortage on exchanges. Many believe this could be a once-in-a-lifetime chance, just like buying Bitcoin back in 2011.

a whale purchased 20 million Pi coins
A whale purchased 20 million Pi coins, Source: X

During the last few hours, a whale bought 20 million Pi coins worth about $14 million USD on OKX cryptocurrency exchange. They then sold the coins into private wallets, which is a strong vote of confidence in the future of the token. This type of movement is causing a shortage of supply on centralized exchanges (CEXs) such as OKX.

When more coins are removed from exchanges and kept privately, fewer are left for others to purchase. This tends to cause higher demand and prices. Some Pi Network enthusiasts are drawing parallels to Bitcoin in 2011–2013 — when BTC was selling for a mere handful of dollars and not many people thought it would ever get to where it is now.

In the same vein, Pi is currently at what some refer to as its lowest “lifetime” price, and investors are viewing this as a once-in-a-lifetime buying opportunity. There is growing excitement in the Pi community. Many believe the coin could cross $1 in value by the end of the week, especially if the current pace of accumulation continues.

Furthermore, on May 14, 2025, the Pi Core Team is slated to make a major announcement about the Pi Ecosystem, which some analysts believe could include new goods, strategic alliances, or exchange listings, perhaps resulting in a significant price hike.

Also Read: Did Pi Network’s Supply Jump from 7B to 12B Tokens? Fact Check

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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Jalpa Bhavsar- Senior crypto journalist at The Crypto Times
By Jalpa Bhavsar
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Jalpa Bhavsar is a Crypto Journalist with 3 years of experience in crypto, blockchain, AI, digital design, and crypto news reporting. She holds a B.Tech in Computer Science, bringing a strong technical foundation to her writing. Jalpa focuses on delivering clear, accurate, and engaging coverage of the latest trends and developments in the crypto and tech space.
Kritika Mehta- Former Sub Editor at The Crypto Times
By Kritika Mehta
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Kritika Mehta is a Sub Editor with over 4 years of experience in news writing, crypto news sourcing, editing, and covering topics across fintech and the stock market. She holds a BA in Journalism and Mass Communication and is certified in Multimedia Journalism. Kritika combines editorial precision with a sharp news sense to ensure content is accurate, engaging, and timely.

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