Pi Network Price Holds at $0.641 as 200 Million PI Tokens Mysteriously Move!

Jakarta, Pintu News – A large transaction involving 2 million PI tokens recently took place on the Pi Network network. These tokens were taken from liquidity reserves and moved to a new wallet, sparking speculation among the crypto community.

Then, how will the Pi Network price move today?

Pi Network price rises 1.0% within 24 hours

On June 11, 2025, the price of Pi Network (PI) was recorded at $0.641, having risen 1.0% in the last 24 hours. If converted to the current rupiah ($1 = IDR 16,271), then 1 Pi Network is IDR 10,429.

In the past 24 hours, PI moved in a price range between $0.6338 to $0.647, showing a relatively stable movement with mild fluctuations.

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Pi’s market capitalization currently stands at around $4.75 billion, while its fully diluted valuation stands at $7.3 billion. Trading activity is also quite active with 24-hour transaction volume reaching $82.84 million.

2 Million PI Token Movement

Moon Jeff, a popular crypto commentator on the X platform, shared information about this big move.

He believes that the transaction was an OTC (Over-the-Counter) purchase, which is a private purchase of tokens and not through a public exchange.

This type of transaction indicates that someone is likely buying the tokens privately, rather than on the open market. Such a move is usually considered a positive (bullish) signal, as it shows that large investors are still interested in accumulating PI tokens.

At the time of writing this article, the Pi Coin (PI) price is hovering around $0.641, up 1% in the last 24 hours. However, over the past month the price has dropped by around 40%, and 1.6% in the past week.

Although the price movement is not very significant, this token transfer seems to add to the positive sentiment. Nevertheless, PI is still close to its all-time low and far from its highest price.

Analysts themselves are not in agreement. Jeff recently stated, “Return $PI to $1.2,” referring to the figure as a key resistance level.

He believes that if PI manages to break that level, it could start a recovery rally and potentially reach $2 in the future.

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Investor Confidence in Pi Network is Still Low

However, not everyone agrees. Some commentators took Moon Jeff’s optimism in a sarcastic tone, suggesting that a PI recovery in the near future seems unrealistic.

Many feel that investor confidence is still low, and Pi’s core team needs to do more to restore that confidence.

The Pi community is currently looking forward to June 28, known as “Pi Day 2”. This is a key moment where the Pi team usually announces project milestones and updates.

Many users are hoping that there will be major announcements, such as the long-awaited possibility of listing on Binance.

Meanwhile, an analyst named Dr. Altcoin criticized the Pi team for not providing enough value or clear updates to the community.

He believes that the team should take more decisive steps to support the project and attract long-term investors.

Complaints from users also continue to emerge. Some Pi “Pioneers” who have completed KYC verification report that they have not received their tokens.

In short, while big deals like the 2 million PI move bring some hope, the future of Pi Network is still full of uncertainty.

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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:

• Crypto Times. 200M Pi Network Tokens Removed from Liquidity Reserve. Accessed on June 11, 2025