🕵️‍♂️ A mysterious wallet of a crypto whale stirs controversy after withdrawing 331 million Pi coins worth 148 million Dollar.

A whale wallet known as GAS...ODM has withdrawn approximately 331 million Pi coins from trading platforms such as OKX and others over the past three months, valued at an estimated 148 million Dollar.
The theories revolve around whether this massive withdrawal is a result of a buyback from the Pi Core Team (, or perhaps a prelude to an imminent listing on one of the major platforms.
💡 With the current low supply of Pi, this massive accumulation could pave the way for a potential price explosion if selling pressure continues to decrease.
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🪙 The performance of Pi coin and the accumulation of the mysterious whale
Despite the overall market recovery, the Pi coin has dropped by about 70% since May, while most altcoins ) have risen. But this whale has not retreated; instead, it quietly continued to buy large amounts.
According to data from Piscan, the wallet has made repeated and calculated withdrawals from platforms such as OKX, Gate, and MEXC.
> 🐋 Information:
A mysterious whale accumulated 331 million $PI coins, equivalent to 148.5 million Dollar. Some believe it is a strategic purchase for reaccumulation.
There are those who expect a massive movement soon in the #PiNetwork 🚀
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👀 Who is behind this wallet?
No one knows who owns the GAS wallet... ODM. Among the prominent theories proposed:
The core Pi team is secretly repurchasing coins.
A large trading platform is preparing for listing and gathering liquidity.
An unknown investor is storing a huge amount of coins in preparation for the official launch.
A crypto user, Cobak, pointed out that this wallet has become the sixth largest holder of Pi Network after purchasing 350 million coins for about 125 Million Dollar over 4 months.
The pattern is clear: withdrawing large amounts from OKX and Gate, especially during periods of price decline — a classic accumulation strategy.
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⚠️ Is a supply shock coming?
Out of approximately 7.4 billion Pi coins transferred to the mainnet, 5.2 billion of them are still locked, which means that the circulating supply currently is only 2.2 billion.
And because the whale GAS…ODM owns 331 million Pi coins, he now holds an amount greater than what some exchanges possess! This reduces the available supply and may contribute to forming a strong price floor if selling pressure remains low.
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📉 The price of Pi is struggling to stay.
Although the market saw a 30% increase during the altcoin season, Pi is stuck between support at 0.40 Dollar and resistance at 0.50 – 0.52 Dollar.
Technical indicators show:
RSI is in the oversold area
Bullish crossover in the MACD indicator
💡 If Pi manages to break the barrier of 0.52 Dollar, some analysts see the possibility of rising towards 0.75 – 0.85 Dollar, and perhaps 1.00 Dollar by 2026.
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🚀 Will we witness a price explosion soon?
Some believe that whale movements reflect strong confidence in the future of Pi, and may stimulate developers to be active and launch new applications.
In fact, the number of decentralized Pi applications has exceeded 7,900 applications, and the total amount in the Pi ecosystem reached 37.7 million Pi coins through Staking.
However, some warn that this large concentration in one coin could threaten decentralization and grant a single entity excessive power.
☑️ If it turns out that GAS…ODM belongs to a major trading platform preparing for listing, this event could be the biggest catalyst in Pi's history, in terms of liquidity and investment interest.
If there is a Pi team behind it, this reflects a strong internal confidence that the current price is much lower than the true value of the coin.