Pi Network token Sees Stealthy Whales accumulating Over $136 Million
For weeks,Pi Network’s token has been stagnant. Yet, an anonymous investor has been quietly racking up a huge position, totaling over $136 million worth of PI. This whale gathering is sparking excitement, hinting at a possible pi network price surge.
The consistent daily buys are making waves. While some see it as a contrarian strategy,others suspect it’s linked to insider info,possibly about an upcoming exchange listing. This optimism is shared by the Altcoin Season Index, which is on the rise.
technical indicators also back this bullish sentiment.The narrowing Bollinger Bands and a forming falling wedge pattern signal a potential breakout. These signs were present during OKB’s price spike following a big token burn announcement. Will Pi replicate this?
For now, traders eagerly watch every move of this mystery buyer. Could this be the catalyst that pushes Pi Network prices into a rally? Only time will tell, but the mood among traders is certainly getting more optimistic.
