Overview

• PI slid to new intraday lows, touching $0.1846 in one feed and $0.22 in another, before rebounding to roughly $0.28–$0.30 on Monday.
• Coinglass data cited by CoinJournal shows more than $1.7 billion in crypto liquidations over 24 hours, with the majority from long positions as Bitcoin fell toward $112,000.
• Crypto.news reports an on-chain wallet accumulated about 381 million PI worth over $112 million, though the buyer’s identity is not verified.
• Analysts highlight a potential hammer candlestick and prior falling-wedge setup, with upside scenarios pointing to resistance near $0.466 and risk invalidation below roughly $0.1845.
• Earlier reporting notes concentrated holdings—22 wallets with over 10 million PI each—and ongoing Pi Network work on protocol migrations and decentralized KYC.