PI network activity rises with the acquisition of the millions wallet in PI currencies star-news.press/wp
Pi Network attracts attention because a “ODM” portfolio has quickly bought millions of distinctive PI. This has caused great speculation in society about the purpose of the wallet and its potential impact on the network.
PI network activity rises amid huge accumulation
Data from Peskan He explains that the mysterious “ODM” portfolio received 2.8 million PI symbols from Excination OKX. Earlier this month, this wallet also withdrew 3.5 million PI icons. Now, about 315 million PI icons carry in total. This amount is important enough to influence liquidity and symbolic distribution in the environmental system of the PI.
This modern purchasing boom has fueled that the wallet can be controlled by the PI Core (PCT) team itself. Some observers believe that this may be a re -purchase of PI purchase in preparation for a possible new insertion on the stock exchange.
Inside the PI network, many theories. Some members of society even called ODM the “new Satoshi wallet”, similar to its strategic accumulation to Bitcoin’s early vague possessions.
It is worth noting that some believe that the large wallets, such as ODM, often appear before the important events in the ecosystem. Similar patterns happen when Blockchain networks announce great promotions, start new liquidity gatherings, or form partnerships with institutions.
Does the PI team buy this amid large holes?
Speculation has risen that this may be the PI Core team to achieve price stability or to build reserves for future Defi tools and grant the ecosystem. A few powerful pregnant women, in theory, can affect market prices, liquidity events, and feeling.
If the ODM wallet is confirmed as a resurrection wallet, it may serve multiple roles. This includes achieving a balance between the number of available symbols, improving liquidity pools for decentralized exchanges, financing breakthroughs and granting developers. Changes such as this can help enhance the investor confidence in the symbol capabilities.
The increase in the wallet activity comes at a critical time for the PI, where investors worry about its long -term future. As Coingepe stated, investors expressed his concerns about his planned opening, which may lead to heavy sale pressure. Historically, the great distinctive symbol holes led to a sharp decrease in other encryption assets, especially when the demand in the market fails to absorb the newly released supply.
The price of the PI has remained largely unchanged due to the constantly high fluctuations, despite the recent updates, including the Pi Node V0.5.3 version. However, there is now more guessy that the last activity surrounding the mysterious ODM weller can be an attempt at home to stabilize the distinctive symbol.
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Michael Adelek
Michael Adelek is an emotional encryption journalist known for dismantling the complex Blockchain concepts and market trends into clear and attractive novels. He specializes in providing news in a timely manner and analyzing the sharp market that keeps encryption lovers on the science and pre -curve. Thanks to an engineering background and a certificate from the University of Ibadan, Michael brings the analytical depth and accuracy to each piece he writes.
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Leave responsibility: The content and the personal views of the author and the current market conditions reflect. Please do your own research before investing in encrypted currencies, because the author and the post is responsible for any financial losses.
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2025-07-16 09:11:00
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