Pi Network Faces Price Crash Risk as CEX Reserves Surge by 30%
Pi Network’s (PI) price currently faces significant risks due to a 30% surge in the number of coins held on centralized exchanges (CEXs) over the past three months. Concurrently, trading activity has sharply declined, raising alarms about a possible price crash. Analysts are watching these developments closely, identifying potential patterns that could affect future trading. Investors are assessing their exposure to Pi Network as market conditions shift, leading to a cautious approach. Understanding the implications of these changes is crucial for navigating this altcoin space effectively as uncertainty looms over the horizon.