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- Zameer Attar
Zameer Attar
- Reviewed by:
๏ปฟAnjali BelgaumkarWriter by choice, CryptoCurrency Writer, and Researcher by chance. Currently, focusing on financial news and analysis, as well as cryptocurrency news and data. One may not call me a crypto โEnthusiastโ but trust me I'm getting there.
- Aug 04, 2025 12:19 UTC
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Pi Network News: $125M in Pi Controlled by Mystery Wallet, Price Wobbles Near $0.30
The Pi price is currently around $0.35, which is just above its all-time low of $0.34.
A mysterious wallet has quietly collected 350.5 million Pi coins, worth over $125 million.
The Pi Network is back in the headlines as its price struggles to stay above $0.30. While many cryptocurrencies have recently recovered, Pi is still facing pressure, especially with a large token unlock planned for August 2025. At the same time, a mysterious wallet has quietly collected a huge amount of Pi coins.
Crypto analyst Dr Altcoin revealed that a mystery account has collected 350.5 million Pi coins, worth over $125 million. This makes it the sixth-largest Pi wallet, following only the known wallets connected to the Pi Foundation and its liquidity reserve.
The wallet, identified by a long code, has been steadily buying Pi from crypto exchanges over the last three months. Dr Altcoin believes this shows a strong belief in Piโs long-term future. โThe person or entity behind this wallet understands what many still overlook, the massive future potential of Pi Network,โ he said.
- Also Read :
- Pi Network Whale Scoops 331M Coins from OKX and Gate.io
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156 Million Pi Tokens to Be Unlocked in August
The Pi price is currently around $0.35, which is just above its all-time low of $0.34. But it could face more selling pressure soon. In August 2025, 156 million Pi tokens are scheduled to be unlocked and enter the market. At the current price, thatโs nearly $68 million worth of tokens.
More than 250 million Pi coins have already been released this month, and with low demand, the price hasnโt been able to rise with the rest of the crypto market.
The analyst said, “Personally, because of my five-year plan, I see every dip as an investment opportunity, I just bought more Pi at $0.35.”
With the token unlock coming and the price staying low, itโs unclear what will happen next. But with big buyers stepping in and some experts staying hopeful, many are still watching to see how the Pi story unfolds.
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FAQs
Pi Coin faces selling pressure due to large token unlocks (156M in August 2025) and low demand, keeping prices near all-time lows despite crypto market recovery.
Unlocked tokens (156M in August 2025) increase supply, potentially lowering prices if demand doesnโt rise. Past unlocks have kept Piโs value depressed.
Analysts remain dividedโsome see dips as buying opportunities, while others caution over supply inflation. Large accumulations suggest long-term confidence.
Yes 
No 
