Introduction: A Shockwave Hits the Pi Network Community! Over 100 Million Picoin Suddenly Moved

In recent years, the cryptocurrency project “Pi Network” has attracted significant attention with its unique mining system using smartphones. Now, a major shockwave is hitting its community. It is reported that over 100 million Picoin were withdrawn from the major cryptocurrency exchange OKX in a very short period.

Upon hearing this news, many of you are likely wondering, “What happened?” and expressing anticipation. In this article, aimed at those interested in new technologies and trends, we will delve into the background and significance of this “100 Million Picoin Great Migration,” as well as the current state and future of the Pi Network, in an easy-to-understand yet in-depth manner. If you’re not comfortable with technical jargon, don’t worry. We will explain everything step by step, so please stay with us until the end.

This article is close to the content of the following addendum (adding speculation).

https://pinetwork.masters-all.com/pi-network-genjo-uwasa-shinsou-shoraisei-chuiten/

What Happened? Shocking Details of the “100 Million Picoin Great Migration”

First, let’s organize the information currently available about this “100 Million Picoin Great Migration.” When, where, and how much Picoin was moved? And why is this movement having such an impact on the community and market, to the extent that it cannot be dismissed as just “routine transactions”?

Disappeared from OKX? The Whereabouts of 102.77 Million Picoin

According to reports and community feedback, around mid-May 2025, a massive total of 102,776,657.17 Picoin was moved from OKX’s wallet to external wallets in a short period of just 72 hours. Some of these included huge transactions exceeding 70 million Picoin at once, indicating that this was not a movement at the level of individual investors.

Think about it. The withdrawal of over 100 million coins from a single exchange in a short period is not something that happens frequently in the world of cryptocurrencies. That’s why so many people are paying attention, wondering, “Is something happening?”

Why is the Market in an Uproar? Reasons Why This Isn’t Just a Simple Transfer

You might think, “But isn’t it normal for cryptocurrencies to move between wallets?” That’s true. However, there are several reasons why this case is considered “not normal.”

• Scale: As mentioned earlier, the amount of 100 million Picoin is extremely large, and its psychological impact on the market cannot be ignored.
• Timing: This large-scale movement at a time when the Pi Network is activating its mainnet (the actual network where Picoin can be traded) and moving towards practical use is fueling various speculations.
• Uncertainty of Information Sources: While some social media accounts claiming to be knowledgeable about cryptocurrencies (such as an account named “Mr. Spock”) have disseminated this information, the lack of official announcements or explanations from the Pi Core Team, the main operator of the Pi Network, is also a factor accelerating speculation.

These factors intertwine, causing this large-scale movement to stir up the community with the question of whether it has “some special meaning.”

How Did the Picoin Price React? Real Market Movements

With such a large amount of Picoin moving, the impact on the price is naturally a concern. Picoin is still only traded on a limited number of exchanges, and its price remains unstable, but how did it move in response to this event?

Did the Price Drop? The Latest Picoin Rate of Concern

According to reports, after this large-scale movement became apparent, the price of Picoin temporarily dropped to about 81 cents (in USD). This is nearly half of the recent high of $1.60. Of course, cryptocurrency prices constantly fluctuate due to various factors, and it cannot be definitively concluded that this entire drop was due to the large-scale movement. However, the possibility that it contributed to a deterioration in market sentiment cannot be denied.

You might be wondering, “Where can I usually see the price of Picoin?” You may find information by searching for “Pi Coin” or its ticker symbol (if any) on major price tracking sites like CoinMarketCap or CoinGecko. However, since the Pi Network is not yet officially listed on many exchanges, it’s important to note that the displayed price may not accurately reflect actual trading.

Speculation Abounds! What Are the 3 Scenarios Behind the Large-Scale Movement?

What intentions or purposes could be behind the movement of 100 million Picoin? As there are few official announcements from the Pi Core Team at this time, various speculations are circulating within the community. “Could this be preparation for an amazing project?” “No, maybe someone is trying to sell secretly…” The imagination runs wild. Here, let’s explore the possibilities by unraveling three particularly noteworthy scenarios.

Scenario 1: A Stepping Stone Towards the Upcoming “Utility Phase”?

One of the most positive scenarios is that this is preparation for the full-scale practical use of the Pi Network. For example,

• Preparation for supplying Picoin to new partner companies or services
• Ensuring liquidity within the ecosystem that the Pi Network is developing
• Fund transfers for deeper integration into Web3 (the next generation of decentralized internet)

are possibilities. For Pioneers (Pi Network participants) who have been mining Picoin for many years, this would be a truly awaited development. This scenario gives rise to the hope, “Maybe the day when our Picoin can actually be used is near!”

Scenario 2: Strategic Movement by Large Holders, “Whales”?

In the world of cryptocurrencies, individuals or organizations holding large amounts of coins are called “whales.” It is also pointed out that this large-scale movement could be a strategic fund transfer by such whales. The purposes could include:

• Storing funds in more secure wallets
• Preparation for P2P (peer-to-peer) transactions without going through exchanges
• Or, movements aimed at taking some profits while observing market trends

Whale movements can have a significant impact on the market, so their intentions are always closely watched. If this movement were to lead to future selling pressure, it could be a negative factor for the price.

Scenario 3: Is There a Connection to Past Mysterious Transfers? (Movements in May 2025)

In fact, this is not the first time such a large-scale movement of Picoin has occurred. According to background information, in early May 2025, there was an event where 7 million Picoin were moved through over 19,500 accounts in just one day. This movement continued overnight, and it was rumored to be either by an automated program or some kind of strategic preparation.

The possibility that this 100 million Picoin movement is related to that past movement cannot be denied. “Could this mean that the preparations from that time are finally starting to move in earnest?” Thinking this way, there might be a larger plan hidden behind this event.

“Why No Explanation?” Pi Core Team’s Transparency and Communication Questioned

Not limited to this incident, there have been many voices regarding the operation of the Pi Network project, saying, “We want more information disclosed” and “It’s hard to see what the management is thinking.” Especially given such a large movement of Picoin, the current situation with little clear explanation from the Pi Core Team is causing anxiety and distrust among some users. It’s understandable to think, “How is our Picoin being managed?” In this section, we will consider why “transparency” is so highly valued and what the Pi Network needs to do to gain true trust.

The Community Craves “Official Announcements”

The Pi Network has enthusiastic Pioneers all over the world. They have been mining Picoin and participating in community activities for many years, believing in the project’s success. Therefore, they are demanding prompt and detailed explanations from the Pi Core Team regarding important information about the project, especially matters like this large-scale movement of Picoin or the transfer of funds from Pi’s liquidity reserve wallet (which has also been reported in some instances).

“Who moved the Picoin, for what purpose, and how?” “How does it affect the overall project plan?” Even a brief official announcement addressing these questions would greatly alleviate the community’s anxiety. The suspicion that “something is being hidden…” gradually erodes trust.

“Transparency” as the Foundation of Trust: Learning from Past Examples

In the world of cryptocurrencies, it is no exaggeration to say that a project’s transparency determines its success or failure. In the past, there have been numerous examples of projects that lost trust and eventually declined due to insufficient information disclosure or neglecting communication with the community.

Conversely, projects that sincerely disclose information and continue dialogue with the community, even when facing difficult situations, tend to be supported in the long term. This is because transparency is the foundation of trust. Users can confidently continue to support a project because they believe it is being operated fairly.

How Should the Pi Network Respond to the “Voices of the Pioneers”?

For the Pi Network to stand alongside other major cryptocurrency projects like Ethereum and Solana, strengthening not only technological development but also governance and communication systems is essential. It is now required to have the mindset of “We are not in beta, we are in production,” sincerely listen to the voices of the Pioneers, and provide regular updates and clear information disclosure.

Pioneers are not just users; they are “companions” who have believed in and supported the project. The Pi Core Team’s sincere response to their question, “What’s happening with our coins?” will be the key to illuminating the future of the Pi Network.

The “Now” and “Future” of the Pi Network: What Should We Pay Attention To?

Amidst various information and speculations, what development phase is the Pi Network currently in, and where is it heading? Let’s calmly grasp the “now” of the Pi Network, including the mainnet operation status and the progress of KYC (Know Your Customer), which many Pioneers are eagerly awaiting, and organize the points we should pay attention to in the future. We will clearly answer the question, “What’s the status of the Pi Network now?”

Mainnet is Live! But What About KYC Delays? – Organizing the Current State of Pi Network

First, let’s organize the current state of the Pi Network as follows:

• Mainnet is Live: The “production environment” where Picoin actually functions on the blockchain is already running. This is a significant step forward.
• KYC (Know Your Customer) is Underway: The KYC process, essential for preventing fraudulent use and building a healthy ecosystem, is progressing. However, there are reports of delays, with some saying, “It’s taking a long time for my turn” or “It’s taking time for approval after applying.”
• Mining Has Stopped: The issuance of new Picoin (mining) has basically stopped, and the project is now entering a phase of increasing the value of existing Picoin.
• Tokens are Active On-Chain: There are starting to be reports of instances where Picoin is actually sent and received between wallets or used in some marketplaces.

Thus, the Pi Network is in a situation where parts of the project are steadily progressing, while other parts still face challenges.

Not Just a Pipe Dream! “Utility” is the Lifeline of Picoin

No matter how innovative the technology or idea, if it cannot be actually “used,” it will not create value. What the Pi Network aims for is not just a cryptocurrency as a speculative asset, but a currency with “utility” that can be actually used in daily life and business scenarios.

Recently, there have been movements where Pioneers are voluntarily buying and selling goods using Picoin, or using it as tips for creators. The accumulation of such grassroots “use cases” is extremely important for proving the value of Picoin and leading the project to success. It is necessary to respond to the question, “Can it really be used?” with concrete examples.

Don’t Miss Important Future Announcements! Tips and Cautions for Information Gathering

The situation of the Pi Network changes daily, and to avoid missing important information, you need to keep your antenna high. The main means of gathering information include:

• Pi Network’s official website and official social media accounts: These are the most reliable sources of information. Check them regularly.
• Reliable cryptocurrency news sites: Refer to news reports and analysis articles about the Pi Network.
• Pi Network community (forums, social media groups, etc.): You can exchange opinions and information with other Pioneers, but be careful about the authenticity of the information.

In particular, make sure to prioritize checking official announcements from the Pi Core Team. Also, when gathering information, it is important not to blindly trust a single source, but to compare and examine multiple sources, and to be cautious about overly optimistic or inflammatory information. Get into the habit of pausing and thinking, “Is this information true?”

Conclusion: What the 100 Million Picoin Great Migration Indicates About the Future of Pi Network – Expectations, Challenges, and What We Can Do

This “100 Million Picoin Great Migration” has the potential to be a major turning point, for better or worse, for the ambitious Pi Network project. Based on the various information discussed in this article, let’s finally consider together how we should view the future of the Pi Network at this point, what we should expect, and what points we should be careful about. The hint to the answer to the question, “What’s the deal with Pi Network now?” might be here.

Current Assessment: Is Pi Network a “Buy” or a “Wait”?

Regarding the future potential of the Pi Network, the honest assessment at this point is that there are great expectations, but also many uncertainties and challenges remain.

Points to be optimistic about include:

• The existence of a huge global community of Pioneers
• The mainnet is live, and movements towards practical use are becoming concrete
• Signs of increasing on-chain activity (transaction activity on the blockchain)

On the other hand, challenges and concerns include:

• Lack of information disclosure and transparency from the Pi Core Team
• Delays in the KYC process and user dissatisfaction with it
• The Picoin price is still unstable, and its practical value has not been established
• Differentiation from competing cryptocurrency projects

It is important to be wary of sweet talk like “You’ll make big profits immediately!”

Regarding the question, “Is Pi Network a buy or a wait?”, we recommend making a careful decision after thoroughly considering your investment objectives and risk tolerance. At this point, it may be too early to determine the success or failure of the project.

The Importance of Continuing to Learn as a Pioneer, Without Being Swayed by Short-Term Fluctuations

Instead of being swayed by short-term information like the Pi Network price going up or down, it is important to focus on the fundamental aspects of what value the project is trying to create in the long term and what challenges it is trying to overcome to achieve that.

To do this, we Pioneers ourselves are required to have attitudes such as:

• Continuing to learn about the technology and philosophy of the Pi Network
• Carefully following official information and not being misled by rumors or uncertain information
• Sharing constructive opinions and suggestions within the community

By “actively learning, thinking, and participating” rather than just “waiting,” we can help make the future of the Pi Network better.

What Do You Think? Let’s Think About the Future of Pi Network Together!

This 100 Million Picoin Great Migration has given us many questions and opportunities to think. How did you perceive this event? What expectations do you have for the future of the Pi Network? Or what concerns do you feel?

We hope this article helps you think more deeply about the Pi Network and form your own opinions. Please share your thoughts in the comments section, etc. Let’s watch over the future of the Pi Network together through constructive discussion.

Disclaimer: This article is for informational purposes only and does not recommend the purchase or investment in specific financial products. Investing in cryptocurrencies involves high risks. Investment decisions should be made at your own discretion after sufficient information gathering and consideration.