Pi Coin Supply on Exchanges Hits New Highs

[chainsniff]

Despite the withdrawals, Pi Coin reserves on exchanges have risen 65% since March, reaching over 433 million tokens. Analysts say this growing supply indicates potential selling pressure, even as withdrawals suggest long-term holding intentions.

[Abdul Khan]

More supply on exchanges could signal holders preparing to sell or increased liquidity for traders.

[Nahid Hossen]

Interesting trend. Exchange inflow spikes often hint at profit-taking or upcoming volatility.