Pi Network Price: Whale Buys 7.51M PI Tokens Ahead of 5.6M Unlock – Surge Incoming?

Today, the crypto market could be starting a new market-wide rally as Bitcoin has climbed past $87,400. Following the rest of the crypto market, Pi Network price has grown today. Although we have some bearish Pi news, analysts still believe in a bullish overview. Based on some Pi price predictions, Pi is set to reach new all-time highs as the adoption increases. Additionally, there are some other external developments that could help to start a Pi price surge. 

5.6 Million Pi Tokens Unlocking: Threat to Pi Price Stability?

A variable that could cause a crash in Pi price is today’s scheduled unlocking of 5.6 million Pi tokens. However, if the market falls into a downtrend, the support at $0.60 could keep the value above the threshold. Additionally, if the prices see a bounce from this level, future fundamental developments can create a rally. One such fundamental development is the Pi Network founder Nicolas Kokkalis’s attendance and speech at the Consensus 2025 conference. Additionally, the attendance of Eric Trump and Robert Hines shows the importance of the Pi founder’s presence. 

Is Pi on Track to Become a Major Web3 Player?

As such, this inclusion is a sign of increased confidence in institutions on the Pi Network. Additionally, this speech at one of the top crypto conferences in the world can boost Pi’s legitimacy in itself. This gathering can prove to be a crucial opportunity for the Pi team to attract more investors as well. Such an opportunity for increased visibility and exposure is also very important, as Pi is a new name in the industry. So, with Pi making a name for itself among the Web3 giants, we could expect Pi price surges soon. A recent Pi price prediction from @PiMigrate on X also reaffirms this view. 

🎉 $Pi to $5 journey just began. $PI has a very strong support at $0.6.
$5 is a very possible valuation.
Good utilities will push it up. #PiNetwork pic.twitter.com/qL7NjoHuvJ

— Pi Network News (@PiMigrate) April 20, 2025

A recent projection from an X post on the Pi Network News page points toward a possible rally to new all-time highs. Based on this forecast, Pi will hit $5 in the long term as it goes through the goals of its roadmap. They believe that the utility will be pushing the Pi network price higher and higher. As such, if Pi Network development goes based on the roadmap, the utilities will be increasing, and with them the value. 

Will Pi Consolidation in the $0.63 Zone Continue?

As of now, the price of Pi seems to be consolidating around the $0.63 zone. Pi seems to be building a base on this level, which could be used as a strong support. The RSI is rising as it is near the 50 neutral score. This indicator has also recently recorded a move above the RSI Moving average, which shows efforts for starting a bullish movement. However, such a surge needs bullish Pi news as a catalyst.

Chart 1 – PI/USDT Daily chart, published on TradingView, April 21, 2025

According to Chart 1, the ADX technical indicator is at a low of 17.83. This signals a weak ongoing price trend, which points towards further short-term consolidation. If a bullish catalyst causes a breakout from the consolidation range, we could see Pi Network price retest the $0.67 level. Additionally, if this resistance is broken, a surge to the $0.75–$0.78 resistance range can ensue. Otherwise, the price will likely continue its current consolidation phase. 

What does the 7.51M Pi Token Purchase Signal Mean?

Additionally, the market data shows that an unknown address has been accumulating Pi for a while now. Today, this whale purchased nearly 7.51 million Pi tokens from OKX, adding to its stockpile. Such moves by whales usually signal a significant upcoming price movement. However, it should be considered that for now, only one whale’s movement has raised the alarms. As such, investors should stay updated on the market developments.