Pi Network Price Soars After 86 Million PI Tokens Pulled from OKX Exchange

May 21, more 86 million pi tokens were removed from Exchange OKX In a few hours, reducing speculation in the PI network community. While many consider this to be a bullish indicator due to a reduction in food in circulation, controversy offenses as accusations emerge that the The basic team may have sold up to 50 million pi tokens Post-connsensus 2025.

Currently, Pi Price increased 11.4% in the past 24 hourstrading at $ 0.8268—SIGNALIZATION OF A FORT HANDSIVE SENSE ON THE MARKET.

86 million Pi tokens from OKX Exchange

According to Pi.next.Gen, an X account prominent covering Pi network developments, Over 86 million pi tokens were removed from Exchange OKX in a few hours.

Blockchain data show that only 21 million tokens are now in the OKX portfolio. The sudden and massive withdrawal has led to a supply shock, often considered as a bullish trigger on the cryptographic markets.

Supporters provide that this could push the market in an extended rally rally in the coming days.

PRI price analysis:

• Early May: Pi was at the price $ 0.6141.
• Early fluctuations kept it in a tight band $ 0.5791 – $ 0.6141.
• On May 8A 10.66% peak broke this range.
• From May 8 to May 13Pi has jumped 112.31%.
• However, May 14 to May 17A strong wip correction 43.95% out of its value.

The renewed optimism entered the market following the 2025 consensus shuttle by the founder and CTO of Pi Network, Dr Nicholas Kokkaliswho described how AI and Blockchain can stimulate global adoption.

From May 18The Pi token saw a 19.6% reboundwith a notable 11.4% push in the last 24 hours alone.

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Core network team accused of emptying 50 million pi tokens

Allegations have surfaced that the The basic team has sold up to 50 million pi tokens For a profit after the 2025 consensus. The statements aroused indignation among certain members of the community, which raised questions about transparency.

A well -known PI supporter, Dao World, replied on X, saying that the accusations are not checked and lack proof of data.

He confirmed that between February 27 and March 4almost 9.99 million Pi tokens have been moved, some of which may have been sold. However, he argued that this amount is a minor compared to the 7.17 billion pi migrated And is probably aligned with the white project of the project.

Past token movements and price impact

• Between February 20-26The PI market witnessed a dramatic 2,721.9%.
• However, after the token movements (February 27 to March 4), Pi faced his first major correction, going through 40.93%.

This net movement model has fueled current speculation on the management of internal tokens and its effect on market behavior.

Final reflections

Recent developments – OKX solid PI withdrawals, price volatility and leadership accusations – Highlight the The critical pi phase network is currently navigating. While the community remains largely optimistic, calls greater transparency and clear tokenomics Continue to become stronger.

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