PI Token Faces 35% Price Plunge as Exchange Inflows Signal Massive Sell-Off

Pi Network''s price is hovering NEAR $0.60 as bearish indicators strengthen. Trading volumes have dropped 44% in the past day, while net exchange inflows reached 2.27 million tokens—a clear sign of increasing sell pressure. The token now risks a 35% drop to retest last week''s low of $0.40.

Despite a massive 2951% rally during its Open Mainnet launch in February, Pi has lost 81.43% of its value since then. A short-lived 112.96% recovery in early May quickly reversed, with the token plunging 43.63% shortly after. Traders are now looking for potential catalysts like Pi2Day events or new exchange listings to turn the tide.

Technical indicators reflect the bearish sentiment. This week, 6.11 million tokens were deposited into exchanges, far outpacing withdrawals and marking the largest net inflow since May''s sell-off. As liquidity dries up and holders exit, the network faces its first major test since transitioning from mobile mining to open trading.