Pi Network Price Today 5/11/2025
Pi price on OKX exchange on May 11, 2025 is fluctuating around the price from 0.7065 USD to 0.7474 USD (equivalent to 18,340 VND to 19,410 VND. Thus, at the time of writing, Pi price on OKX exchange decreased by 1.6% compared to yesterday, reaching 18,890 VND
Pi Coin price, after trading below $0.60 in early May, has suddenly skyrocketed in the past 24 hours. Pi reached a high of nearly $0.77 before adjusting slightly to around $0.73, representing a nearly 20% increase in just two days.
Pi's market capitalization has also surpassed $5 billion, rising to 27th place in the cryptocurrency rankings, surpassing many familiar altcoins such as Uniswap (UNI), Near Protocol (NEAR) and even the Official Trump token (TRUMP).
There are two main factors driving this rally. The first is the overall crypto market recovery, with Bitcoin surpassing the $100,000 mark.
Second is the high expectations from the community after the Pi Network development team announced that there will be an important announcement about the ecosystem on May 14. Many believe that this will be the time when Pi will be officially listed on Binance.
A whale bought 20 million Pi Coins on OKX exchange
A whale bought 20 million Pi Coins on OKX, worth about $14 million. The tokens were quickly withdrawn to a private wallet, indicating a strategic accumulation move amid growing market interest in Pi Network.
According to blockchain data, the tokens were transferred to:
Hash: 793b257cac5768e2c4b10d11656bc4ecb9ea98de1f2015a6fccdd4fd8f96c57a
Wallet 1: GBPHFQE7GFKIRTSXJVQ56TVCXH7LYLVQBCPGE22NJ3JQPBTDBWW2DURB
Hash: 2b9489a818083fe2bbfb6a2069cb3454af2891e14da76b2f5717bfd5a5ea38f6
Wallet 2: GBAD3GDK7RKAMPLM2FELL3OI65QUCD45HAMMRKX2HZ6WEMV4EP2ORVTH
Notably, this type of buying activity is not uncommon. The fact that whales are constantly buying and withdrawing from exchanges has raised speculation that they are intentionally creating a shortage of supply on centralized exchanges (CEXs). This strategy could lead to a sharp price increase in the near future.
This event took place just hours after Pi's circulating supply suddenly increased from 7 billion to 12 billion tokens. However, the balance on exchange wallets remained unchanged, raising many questions in the community.
According to Pi Barter Mall, the additional amount could come from a 5 billion PI liquidity pool disbursement, which could be a preparation for listing Pi Coin on a major exchange.
Source: https://baonghean.vn/gia-pi-network-hom-nay-11-5-2025-mot-ca-voi-da-mua-vao-20-trieu-pi-coin-tren-san-okx-10296990.html
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