Pi Network Mainnet Confirmed? Over 102M Pi Withdrawn Sparks Market Frenzy

The Pi Network mainnet may no longer be just a promise—it’s unfolding in real time. Over the past 72 hours, more than 102 million Pi tokens have been withdrawn from OKX, one of the largest global crypto exchanges. For long-time Pi believers, it’s the moment they’ve been waiting for. For the wider market, it’s a wake-up call: Pi isn’t hypothetical anymore—it’s live, liquid, and making moves.

Massive Withdrawals Point to Pi’s Next Phase

According to on-chain data highlighted by @MrSpockApe, exactly 102,776,657.17 Pi have exited OKX in the span of three days. These aren’t retail trades or test transfers—many appear to be high-volume transactions tied to early stakeholders or the Pi Core Team itself. Several movements surpassing 70 million Pi in a single go signal a serious shift: the Open Mainnet era may have already begun.

Related posts

This isn’t marketing. These are real, confirmed withdrawals processed on Pi’s blockchain, with some paying as little as 0.01 Pi in gas fees, showcasing the network’s scalability in action.

Insider Wallet Activity Raises Transparency Questions

But it’s not all celebration. A detailed analysis by @Dr_Picoin uncovered potential insider flows. One foundation-linked wallet—created over four years ago with 2 million Pi—has steadily funneled more than 1.4 million tokens to a newly formed wallet that eventually sold large chunks on Gate.io. While the Pi Core Team is within its rights to move funds—especially in the context of raising capital for the $100M Pi Network Ventures initiative—the community is calling for clearer disclosure.

If Pi is to function as a decentralized economy, transparency in liquidity injection and sale timelines is not optional—it’s essential.

Market Reaction and Pi Coin Price Outlook

The price impact has been immediate. Pi briefly rallied above $0.80 on rising momentum, but has since corrected to around $0.77, still showing resilience amid the selloff. This places Pi nearly -72% below its $2.99 all-time high but in a period of relative consolidation.

Source: Tradingview

Volume has spiked—over 30 million in daily trades—suggesting renewed interest and speculative bets on Pi’s full mainnet integration. Traders now eye $0.90 as a key resistance level, while bulls are watching for a breakout above $1.00 to confirm a trend reversal.

Final Thoughts – Pi’s Reality Check Is Here

For years, Pi Network has lived in a strange in-between—widely adopted by millions but lacking full liquidity or open mainnet clarity. That limbo appears to be ending.

These latest developments suggest Pi Network is not just preparing to launch—it’s already doing it. However, the path forward must now include public communication, ecosystem transparency, and a clear roadmap for how Pi plans to scale as a real Web3 economy.

Pi isn’t just a mining app anymore. It’s an asset on-chain, trading live, with infrastructure and controversy to match.

Disclaimer

The information contained in this article is intended for informational and educational purposes only and should not be interpreted as financial, investment, legal, or tax advice. Bitzuma is not a registered investment advisor and does not endorse or recommend the purchase or sale of any cryptocurrency, token, or digital asset. Investing in digital assets involves a high degree of risk, including the potential loss of capital. ...

full bitzuma logo

Why you can trust Bitzuma

Bitzuma is dedicated to delivering accurate, unbiased, and well-researched content, ensuring that readers stay informed with the latest trends, market insights, and technological advancements.

Featured Projects:

ledger logo
animoca brands logo
coinbase logo
etoro logo
ton logo
polygon logo

Featured Projects:

ledger logo
animoca brands logo
coinbase logo
etoro logo
ton logo
polygon logo

Top Stories

Follow Our Crypto Updates

Explore Similar Topics

Related Posts

The Latest