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- Anjali Belgaumkar
Anjali Belgaumkar
Writer 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 “Enthusiast” but trust me I'm getting there.
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Qadir AKQadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.
- Jul 03, 2025 06:31 UTC
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Pi Network Price Turns Green as Millions of Coins Exit OKX
Pi Coin rises 2% as a mystery buyer withdraws 2.8M tokens from OKX; 12M Pi withdrawn in 3 days sparks investor buzz.
With a 318M Pi token unlock looming, price may face pressure; $0.47 is key support, while $0.60 remains an upside target.
Pi Coin is showing signs of life, rising by 2% today and now trying to break above the important $0.50 level. This comes after a long downtrend that started in May, when the token peaked at $1.65.
But what’s really caught attention is a big transaction. Someone reportedly bought 2.8 million Pi coins and withdrew them from the OKX exchange. In total, over the last three days, about 12 million Pi coins have been bought and withdrawn from OKX.
At the moment, centralized exchanges hold around 356 million Pi coins, with OKX holding 19.7 million.
What’s Next for Pi Coin Price?
July could be a bumpy month for Pi Coin. A big token unlock is scheduled, releasing about 318 million Pi (worth nearly $160 million) into the market. This sudden increase in supply might add selling pressure and push prices lower if demand doesn’t pick up.
Currently, bulls are defending the $0.47 support level as bears keep rejecting upward moves. Pi Coin briefly crossed above the 20-day moving average (around $0.56) last week but failed to break through the stronger 50-day resistance at $0.66.
If Pi holds $0.47 and manages to climb back above $0.50, it could target $0.57 and later $0.60. But if it falls below $0.47, the next downside target would be $0.40.
Amid all this, Dr. Altcoin pointed out that the so-called GCV group seems to forget one thing, the Pi Core Team (PCT) has already sold millions of Pi coins for less than $2 each to raise money for the $100 million Pi Network Ventures fund. He said that even the PCT doesn’t believe in those unrealistic GCV price claims.
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FAQs
Today, July 3, 2025, Pi Coin (PI) is up by approximately 1.84% to $0.5026 USD, attempting to break above the $0.50 resistance level after a period of sideways movement. Its 24-hour trading volume is around $94 million, and its market cap is approximately $3.84 billion.
Pi Coin’s price in July could be volatile. While a break above $0.50 could target $0.57 and potentially $0.60, a large token unlock of 318 million Pi (worth nearly $160 million) is scheduled. This influx could create selling pressure. Price predictions vary, with some analysts seeing a potential recovery towards $0.50-$0.58, but a strong rally might be challenging given the increased supply.
The investment outlook for Pi Coin is complex. It boasts a large community and a growing ecosystem with over 7,900 AI-powered apps. However, it faces challenges including a significant upcoming token unlock, limited exchange listings, and concerns about centralization and the Pi Core Team’s past sales. While some analysts are optimistic about long-term potential if it achieves full mainnet activation and real-world utility, risks remain.
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