PI price prediction as 300K tokens exit exchanges following PI Network anniversary

4 hours ago 1

Around 300,000 PI tokens exited centralized exchanges over the past 24 hours as PI price hovered near $0.16, with the movement coming as Pi Network marks one year since the launch of its Open Network.

Summary

Over 305,000 PI tokens recorded a net 24-hour outflow from centralized exchanges, with total CEX balances near 430.1 million PI, according to PiScan data.
The outflows come as Pi Network marks one year since its Open Network launch, highlighting growth in KYC approvals, mainnet migrations and developer participation.
PI trades near $0.162, with resistance at $0.18–$0.20 and key support at $0.15, while momentum indicators show mixed signals.

The anniversary highlights Pi Network growth across KYC approvals, mainnet migrations, developer participation and overall network activity.

In a recent update, the Pi Core Team said that since Open Network went live, the project has expanded “across multiple dimensions of the ecosystem from KYC and Mainnet migrations to developer activity and overall network participation.”

The team added that the milestones reflect steady progress driven by “Pioneers, developers, businesses, and KYC validators around the world,” pointing to ecosystem growth metrics achieved over the past year.

The anniversary update comes as on-chain data suggests a shift in exchange flows.

According to PiScan data, centralized exchange wallets recorded a net 24-hour outflow of roughly 305,547 PI tokens (PI), with total exchange balances standing near 430.1 million PI. OKX alone posted a net outflow of more than 623,000 PI during the period, offsetting smaller inflows on platforms such as Bitget and Gate.io.

PI price prediction as 300K tokens exit exchanges following PI Network anniversary - 1

Exchange outflows are often interpreted as a reduction in immediate sell-side liquidity, as tokens moved off exchanges are less readily available for spot selling. While the size of the outflow remains modest relative to total supply, it coincides with renewed community engagement following the network’s anniversary.

PI price analysis

On the daily PI/USDT chart, price is currently trading around $0.162, up about 1.3% on the session. The broader trend since January shows a steady decline from highs near $0.21, followed by a sharp mid-February rebound toward the $0.19 area.

PI price prediction as 300K tokens exit exchanges following PI Network anniversary - 2

That rebound has since faded, with PI forming lower highs. Immediate resistance sits around $0.18, while a stronger barrier remains near $0.19–$0.20, where prior rallies stalled. On the downside, $0.15 acts as key support, with a break below that level potentially exposing the $0.13 region.

Momentum indicators are mixed. The Balance of Power reading has turned positive at 0.30, suggesting short-term buying interest, but the Chaikin Money Flow (CMF) remains negative at -0.16, signaling that broader capital flows are still tilted to the downside.

If exchange outflows continue and buying pressure strengthens, PI could attempt another move toward $0.18. However, a failure to hold above $0.15 would likely reinforce the prevailing bearish structure.

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