Whale Snaps Up 70 Million Pi Coins on OKX — Is a Binance Listing Just Around the Corner?
Jakarta, Pintu News – Pi Network’s native crypto coin Pi Coin is attracting huge interest from “whales”, with millions of coins being withdrawn from crypto exchanges. This comes amid strong speculation about the possibility of Pi being listed on Binance.
On May 10, another 70 million Pi were withdrawn from the OKX crypto exchange, along with a 25% price spike in the weekly chart.
Whale Pi Coin Activity Increases Amid Speculation of Listing on Binance
Leading crypto analyst, Dr. Altcoin, sparked enthusiasm in the Pi Network community with claims of major developments.
Read also: 3 Crypto to Watch This Week: Ethereum, Pi Network, and Solayer!
In a post on the X platform this morning, the analyst highlighted a whale wallet address that had just purchased 70,000,000 Pi Coin from crypto exchange OKX.
The same wallet now holds around 155 million Pi Coin-the largest amount of any account listed on the Pi exchange today.
Dr. Altcoin stated that this large accumulation indicates the possibility that a large centralized exchange (CEX) is preparing to list Pi.
“This is definitely not a regular user,” he said, speculating that the wallet could belong to Binance, the world’s largest crypto exchange. He added, “Who do you think it belongs to? My guess is Binance!”
Encouragingly, Pi Coin’s daily trading volume also showed a healthy increase – jumping more than 35% and breaking the $300 million mark. The news that Pi Network might be listed on Binance has also made traders more interested in this altcoin.
Will Pi Network Reach $1?
On the heels of a 25% price increase in the weekly chart, many analysts are predicting that Pi Coin’s price will surge to $1 or more.
In another post on the X platform, Dr. Altcoin stated that he predicts the price of Pi Network could reach $1 today, after seeing massive accumulation from whales.
Read also: Crypto Analyst Sounds the Alarm: Altcoin Season Has Begun — Daily 40% Gains Could Be the New Normal!
Pi Coin experienced a significant spike after the Core Team hinted at a major ecosystem update scheduled for May 14. This announcement coincided with the Consensus conference, and came after the Pi Network team’s participation in the Token2049 event in Dubai.
The Dubai event brought together major figures in the crypto industry, including TRON founder Justin Sun and Binance CEO Changpeng Zhao.
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
Reference:
- Coingape. 70 Millions Pi Coins Scooped by Whale on OKX, Binance Listing Imminent? Accessed on May 13, 2025
*Featured Image: CoinPedia
