All old pioneer holders of #PI should wake up.

Pi Network faces the biggest scam of 2025, insiders complain.
Pi Network (PI) is facing its biggest crisis to date, with a leading cryptocurrency investigator accusing it of an internal sell-off worth 8 billion dollars related to the Pi Core Team. A post from investigator Atlas has sparked a wave of panic in the PI community, claiming that over 12
According to CoinMarketCap, the trading price of PI is $0.7312, having fallen over 35% in the past week. "Don't pay attention to notifications anymore. Focus on the wallet," Atlas warned, sharing a timeline of the token's behavior: May 1: PI's price was $0.6135. May 12: PI peaked at $1.6704, an increase of 113.2%. Starting from May 14: PI has fallen over 56%, currently trading at around $0.7270. Although the Pi core team has not made an official statement, some supporters claim that the movement of the token is part of the standard migration process from testnet to mainnet. Atlas refuted this explanation, pointing out issues with wallet links and the lack of transparency in transactions. The unlocking of tokens and balances on centralized exchanges has raised new concerns. The market's unease has intensified, with 5.7 million PI tokens unlocked today, flooding into a market already under significant pressure. The amount of PI held on centralized exchanges has now surged to a record 397 million, raising concerns that another wave of sell-offs is imminent.
Market analysts warn that the unlocked supply may continue to pressure the PI price unless buying volume increases significantly. The community is demanding explanations as allegations regarding wallets have increased. Cryptocurrency influencer Dr. Altcoin claims that the Pi core team operates over 10,000 wallets and sub-wallets, most of which are hidden from the public. He calls for transparency and urges PI holders to demand answers instead of blindly defending the project. Chain analysts state that only seven large wallets can be fully traced, deepening community concerns about undisclosed supply and internal controls. As the unlocked supply of the token enters the market, many wallets are being monitored, and market analysts warn that unless investor demand recovers, the price of PI may continue to face pressure. (Source: Lao Xianfeng)