Crypto "whales" (large investors) are showing interest in the coin Pi (Pi Network), actively purchasing it over the past few days, which, according to some analysts, may create conditions for a future rise in the price of Pi.


. Despite this, Pi Coin is still not traded on public exchanges, as it is in the phase of a closed mainnet.
Activity of "whales" and their influence
A large investor ( "whale" ) in the Pi wallet has been buying Pi coins for five consecutive days.
This constant buying by large investors, along with the reduction of outflows from central exchanges, may indicate a potential rise in the price of Pi.
Analyzing the activity of "whales" by tracking large transactions is one of the ways to determine their participation in the market.

State of Pi Coin

Pi Coin is currently in the "Closed Mainnet" phase, which means it is not available on public exchanges and cannot be sold for real money.
Despite this news, there is data indicating that Pi Coin has a current market capitalization on some platforms, which means it is trading on over-the-counter markets or exchanges that are not in the top-10.

In early November, the "whales" also increased their assets in the altcoin Aster (ASTER) after the collapse of the cryptocurrency market, which highlights that the "whales" are buying altcoins after the market crash, and this could be a good indicator of future rise, although it does not guarantee it.
PI-0.63%
ASTER-1.73%
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