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#PI Pi Network is facing the biggest scam of 2025, with insiders complaining one after another.
Pi Network ( is facing its biggest crisis to date, as a leading cryptocurrency investigator accuses it of being involved in an $8 billion internal sell-off related to the Pi core team. Posts leaked from investigator Atlas have caused a panic in the PI community, claiming that over 12
According to CoinMarketCap, the trading price of PI is $0.7312, which has dropped over 35% in the past week. "Stop following notifications. Focus on the wallet," Atlas warned, sharing the token's behavioral timeline: May 1: PI's price was $0.6135. May 12: PI peaked at $1.6704, an increase of 113.2%. Since May 14: PI has decreased by over 56%, currently trading at around $0.7270. Although the Pi core team has not made an official statement, some supporters claim that the token's liquidity is part of the standard migration process from testnet to mainnet. Atlas rebutted this explanation, pointing out the lack of transparency in wallet links and transactions. The unlocking of tokens and centralized exchange balances has raised new concerns. With market unease, 5.7 million PI tokens were unlocked today, impacting a market already under significant pressure. The current amount of PI held on centralized exchanges has surged to a record 397 million, raising fears of another sell-off.
Market analysts warn that the unlocked supply may continue to suppress the price of PI unless buying volume increases significantly. The community is demanding an explanation as accusations regarding wallets are on the rise. Cryptocurrency influencer Dr. Altcoin claims that the Pi core team operates over 10,000 wallets and sub-wallets, most of which are hidden from public view. He calls for transparency and urges PI holders to demand answers rather than blindly support the project. Chain analysts state that only seven large wallets can be fully tracked, which deepens the community's concerns about undisclosed supply and internal controls. As the unlocked supply of the token enters the market, many wallets are being monitored, and market analysts warn that unless investor demand recovers, the price of PI may continue to be under pressure.