Who is the PI network whale?
In the past three months, a mysterious crypto wallet labeled gas … ODM has quietly accumulated 331 million PI coins – a haul worth $ 148.5 million, according to Piscan and other tracking tools.
This accumulation wave stands as it opens during a steep 70% collapse in the PI coin (Pi) Price from May.
While the broader cryptocurrency market enters a Mild Altcoin SeasonPi lagged; But this PI network Whale Continued aggressive purchase.
Analysts note that such a similar accumulation, even in a collapse, signals calculate the intent rather than casual speculation, which puts gas … ODM is stable to the leading PI holders who are now shaping the dynamic markets.
The gas … the PI accumulation of the ODM wallet 331 million PI coins
Gas … the ODM wallet repeatedly pulled multimillion-pi shifts from major exchanges such as OKX, Gate.Io and Mexc-a sign of accidental crypto aging instead of day-to-day trading.
Within three months, the address conducted twelve -two outsized removals, continued pi -coin, while most retailers were in doubt.
Noteworthy, the PI whale purse activity intensified during Price dips.
Gas … ODM is the sixth largest holder in PI Network ecosystem, exceeded the exchange wallet balances from platforms such as bitget and Mexc.
Blockchain data suggests a patient approach: the handling by volatility, coins combined off exchange and strictly available supply. In seasonal observers, behavior resembles a crypto whale that has accumulated for either the influence of management, staking staking or pre-list positioning.
Regardless of the motive, this mysterious crypto wallet is now conducting a gravitational pull on PI’s liquidity and future PI price action.
Do you know? Of the estimated 7.4 billion PI converted to Mainnet, approximately 5.2 billion remains locked due to lock-up terms, while only 2.2 billion is currently locked and circulated.
Market conditions through Pi Whale purse activity
At the time of spree purchase, the PI price dropped by 30% -70% from early-morning highs, walking around $ 0.44- $ 0.48 in mid-July.
This collapse came even though the Altcoin era raised most peers (the cryptocurrency market added almost 30% amount), yet PI underperformed, stuck to integration.
Technical charts flagged critical support near $ 0.40 and resistance to $ 0.50- $ 0.52. Analysts suggested that long whale purchase could spark a breakout at $ 0.60, with some PI price predictions expanding as high as $ 0.75- $ 1.00 if the emotion turns. Signals such as Oversold Relative Strength Index (RSI) reading and a fresh Moving the average convergence/difference -Oba (MACD) Crossover added to hoping for an upside down.
In essence, PI accumulation by gas … ODM became a narrative driver: like this crypto whale tight supplyBusinessmen started whether this accumulation could set a stage for updated upside down or just a PI pillow from deeper losses.
Do you know? PI’s Altcoin index recently hit around 56/100, showing a growing enthusiasm out of Bitcoin, while the index of fear and greed rises to nearly 70, indicating high sentiment on the market.
PI CORE TEAM BUYBACK, PI LISTING SPECULATION AND PI NETWORK EXCHANGE RUMORS
Two major theories lead the gas debate … ODM wallet.
This first claim belongs to the PI core team, acting as a covert PI core team Mechanism of purchase. By sweeping coins during unlocking events, the main team can strengthen the PI cryptocurrency market and maintain Healthy liquidity Without flooding.
The second theory points to a major exchange – silent stockpiling PI for a final final List. This idea gets traction because the accumulation coincides with a climbing -up -to -imagine PI list and whispers of PI network exchange gossip throughout the trading forums.
Nor the camp has a tough proof. The PI core team did not recognize any paper, and there was no exchange of admitting involvement. Silence only deepened with intrigue: is gas … odm a stabilized hand with insider motives or a tactical mysterious Crypto wallet Loads in advance of a major move?
This ambiguity sets the same -crypto imaginative speculation, ensuring each new shift of fresh theories about who (or what) eventually operates this activity of the wallet wallet.
Community response to the whale of the PI network
The prolonged accumulation of gas pi … the ODM wallet has been lifted by ecosystem, which sparking measurable changes in emotion and activity.
Launching PI App Studio only Brought more than 7,900 decentralized application online within a few weeksshowing that the development of creative developments when the network trust strengthens.
Also, ecosystem directory Staking is drawn over 37.7 million PI coins, with users flowing to notice their favorite project – a feedback loop where the whale wallet buys the fuels builder’s enthusiasm, which deepens the coherence.
For many, the sight of a PI Network The Whale Amassing token is interpreted as a brave vote of confidence-a sign that even in a cooling cryptocurrency market, Pi holds a long-term commitment.
Pa Concerns about centralization Great. An address that handles approximately 331 million PI coins focus on the influence of supply and management, which raises alarms that such a PI wallet activity can eliminate the power of pricing, refine the systematic risk and test the decentralization projects.
The speculation of whale fuels fuels: Is a major PI’s main breakout coming?
The accumulation size (more than 331 million PI coins locked now at an address) effectively removes a wide chunk of tokens from circulation, avoiding pressure sale and price support bolstering.
Historically, similar crypto accumulation of whales preceded the major changes in trend, indicating that this buildup could be a stable price of coin or even sparking the next rally.
Adding to the intrigue, speculation -PI’s list and the gossip on the PI network exchange. If the mysterious crypto purse belongs to a major exchange of quietly developing liquidity, a listing in the list may be the single biggest catalyst that PI has seen, which has strengthened the amount of trade, accessing and legitimacy in the market.
Analysts draw two main paths of PI price prediction: a moderate breakout at $ 0.75- $ 0.85 if the PI closes above $ 0.52 or a more aggressive pushing towards $ 1.00 if the momentum holds in late 2025.
If this is the PI core team that quietly buys back tokens or a building exchange reserve, this whale will leave an impact on the PI supply and plays a large part to play where the project is next.
