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Pi Network transfers 550 million PI within 24 hours! Huge unusual on-chain movement sparks speculation about fund investment.
In the past 24 hours, the Pi Network Blockchain has seen unusually active on-chain activity—six large transactions from the Pi Foundation Wallet transferred a total of 550 million PI, with individual amounts ranging between 50 million and 100 million. Such a scale of fund movement has sparked widespread speculation in the market regarding the Pi Ventures Fund or a new strategic phase, while the PI price has seen a slight pump, market sentiment remains cautious.
On-chain data: Six large transfers from the foundation Wallet
According to the data, these transactions occurred between August 22 and 23, 2025, with most originating from the official Pi Wallet of the Pi Foundation.
Transaction amount: 6 transactions
Total supply: 550 million PI
Single transaction amount: 50 million – 100 million PI
The foundation has not yet provided an official explanation for the purpose of these transfers, causing the market to enter a "wait-and-see mode."
Funding Purpose Speculation: Fund Operations or New Strategy Launch?
Observers have put forward two main hypotheses:
Related to the Pi Ventures fund: may be used for strategic investments or ecological expansion.
New phase deployment: Preparing for the upcoming application implementation, exchange collaboration, or mainnet upgrade.
Due to the lack of official confirmation, these speculations cannot be verified for the time being, but the scale of on-chain movements is sufficient to affect market sentiment.
PI price trends and technical signals
PI intraday fluctuation range: $0.35 – $0.37
Technical observation:
MACD: Recently showed an upward trend, indicating potential bullish momentum.
Form: A double bottom structure may form, and if it breaks through the key resistance level, it may trigger further rebound.
Risk: The rebound has not yet received clear confirmation of volume and trend.
Market Sentiment: Speculation Amid Caution
Despite a slight price rebound, investor sentiment remains cautious.
Speculative atmosphere: Some traders bet that the huge transfer will bring good news.
Wait-and-see attitude: More market participants choose to wait for the foundation's official statement and technical breakthrough signals.
Psychological Impact: Such a large-scale on-chain transaction may trigger short-term volatility expectations, even if it does not directly affect the circulating supply.
Follow-up Observation and Investor Recommendations
Focus Points: Whether the foundation discloses the use of funds, and if PI breaks through the key resistance level.
Short-term strategy: Be cautious about chasing highs before the news is clear, and observe changes in trading volume and on-chain activity.
Mid-term outlook: If the funds are indeed used for ecological expansion or strategic investments, they may become an important catalyst for the price of PI.
Conclusion
Pi Network transferred 550 million PI within 24 hours, adding suspense and speculation to the market. Although the price reaction has been limited, the combination of on-chain movements and technical signals has drawn significant attention from traders and investors regarding the upcoming developments. In the coming days, it will soon be revealed whether these transfers are a prelude to a new round of pumps or just a brief market spectacle.