Pi Coin Drops 4% While Major Whale Acquires 48 Million Tokens

The Pi Coin price has dropped by more than 4% and is now negotiated at around $ 0.61. It is currently moving laterally, stuck between the resistance at $ 0.68 and the support at $ 0.617. Technical graphics, including the Ichimoku and RSI cloud, show that the market is not sure of its next movement.
There is a level of key resistance at $ 0.706 – If Pi breaks above this, the price could quickly jump by 10%. However, Pi Coin is down almost 80% compared to its summit earlier this year, making it one of the most efficient on the market right now.
However, something interesting happens behind the scenes. A portfolio called “Gasw”, created on March 6, 2025, has just bought 48 million plays of theater – and none of them is locked. This could mean that a major player, such as an company, an institution or even a government, is involved.
Other positive catalysts:
Binance, one of the greatest exchanges of cryptocurrency, shared new registration guidelines that attracted the attention of the world of cryptography – in particular Pi Coin fans. Since the platform now has more direct rules to add new tokens, many think that this could open the door to Pi Coin to be listed on Binance soon.
Meanwhile, the PI network team recently shared a roadmap for its migration process to improve transparency and respond to user concerns. However, the update has left a lot disappointed, because it did not include details such as the number of users who are still waiting or the number of accounts that can be migrated every day. For the future, the PI network should attend the Consensus 2025 event, which could bring major news and updates for the PI community.