PI DOGE price

Pi Coin has been in a slump, dropping nearly 70% since May, even as other altcoins have rallied. But one mysterious player isn’t backing down. Over the past three months, a wallet known as GAS… ODM has quietly snapped up 331 million Pi coins worth about $148.5 million. These buys aren’t random; data from Piscan shows repeated, well‑timed withdrawals from top exchanges like OKX, Gate.io, and MEXC. 🐋INSIGHT: A mysterious whale accumulated 331M $PI 💰 That's $148.5M snatched up. Speculators assume a strategic buyback. We are going to see the big movement in #PiNetwork very soon 🚀🚀 Drop your #PiNetwork username below to get some surprise rewards from @PiCoreUpdates team… pic.twitter.com/D5JbZeF0dw— Pi Core Updates (@PiCoreUpdates) August 4, 2025 Who’s Behind the Whale? Nobody knows who owns GAS… ODM. Theories range from: Pi Core Team is secretly buying back tokens to reduce supply and stabilize the price. A major exchange is building liquidity ahead of a much‑anticipated Pi listing. An anonymous investor is stockpiling for long‑term gains before Pi’s official launch. Crypto user, Cobak, highlighted that the mystery wallet “GAS… ODM” has become Pi Network’s 6th-largest holder after scooping up 350M PI (~$125M) in just four months. The whale’s pattern, large withdrawals from OKX and Gate.io, with buys during price dips, matches classic accumulation tactics.  The owner remains unknown, but theories range from an anonymous investor building a pre-listing stash to the Pi Network Foundation conducting a quiet buyback, or a major exchange preparing for a future listing. While no party has confirmed anything, an analyst notes that a listing hint would be bullish and urges watchers to keep an eye on the wallet. Supply Shock in the Making Out of roughly 7.4 billion Pi moved to the mainnet, about 5.2 billion remain locked, leaving just 2.2 billion in circulation. With 331 million coins under its control, GAS… ODM holds more Pi than some exchanges. This reduces available supply, potentially setting a price floor if selling pressure stays low. Pi Price Struggling to Keep Up While the crypto market gained about 30% during altcoin season, Pi has been stuck between $0.40 support and $0.50–$0.52 resistance. Technicals now show an oversold RSI and a bullish MACD crossover, hinting at a potential rebound. If Pi can break above $0.52, analysts see a possible climb to $0.75–$0.85, and in the best case, $1.00 by 2026. Could a Breakout Be on the Horizon? Some see the whale’s moves as a vote of confidence, potentially sparking developer activity and staking growth. Pi App Studio has already hit 7,900 decentralized apps, with 37.7 million Pi coins staked in the ecosystem. Others warn that such a large concentration of Pi could hurt decentralization and give too much power to one entity. If GAS… ODM turns out to be a major exchange preparing for a listing. The news could be the single biggest catalyst in Pi’s history, instantly boosting liquidity, market access, and investor interest. If it’s a Core Team buyback, it would reflect strong internal conviction that Pi is undervalued and poised for a turnaround. FAQs Who is the Pi whale GAS… ODM? The identity is unknown; theories include a major exchange, Pi Core Team buyback, or a large private investor. Why is the Pi whale buying during a slump? GAS… ODM’s buys match classic accumulation tactics, often during price dips to build a large position. How could the whale’s buying affect Pi’s price? Holding 331M Pi cuts circulating supply, potentially creating a price floor if selling pressure stays low.

After a brief correction, the crypto markets have begun to recover, starting the weekly trade on a bullish note. Although the volume has fallen by more than 22%, the global market capitalization still stands above $3.72 trillion, with BTC market cap alone leading at over $2.27 trillion.  The major tokens like Bitcoin (BTC) and Ethereum (ETH) held their ground despite global macroeconomic pressures and internal volatility. While short-term fluctuations have continued, the broader market has shown signs of stabilization, supported by whale accumulation and key liquidity shifts. Bitcoin and Ethereum Price Overview As of today, Bitcoin (BTC) price is trading around $114,400, staying within the $114K–$115K zone after experiencing a minor pullback from last week’s $118K peak. Meanwhile, the Ethereum (ETH) price has hovered near $3,540, holding its gains from a sharp July rally where it rose over 50%. Despite macro headwinds like global tariff jitters and tightening liquidity, both BTC and ETH have shown strength. Ethereum continues to outperform in momentum, aided by strong spot ETF inflows, growing DeFi activity, and rising stablecoin deployment on the network. Market Sentiment: Cautious Optimism Prevails Despite the pullback, SOL remains a key player in institutional interest and NFT activity. Cardano (ADA), currently hovering around $0.41, also faced mild downward pressure, dipping ~3%. Avalanche (AVAX) and Polkadot (DOT) followed similar trends with 3–4% declines. On the flip side, Toncoin (TON) bucked the trend, gaining over 5% on the day, driven by renewed developer activity and strong network adoption metrics.  Top Gainers   Ethena (ENA) with an over 11.6% surge Stellar (XLM) by 8.97% Injective (INJ) by 7.64% Memecore (M) by 7.04% Algorand (ALGO) by 6.24% Top Losers   Pump.fun (PIUMP) by 1.94% Pi (PI) by 1.40% Toncoin (TON) by 0.74% Story (IP) by 0.6% Virtual Protocol (VIRTUAL) by 0.6% Solana (SOL) recorded over $1.1B in daily volume, making it the most active altcoin after BTC and ETH. Dogecoin (DOGE) and Shiba Inu (SHIB) continued to draw retail interest with volumes exceeding $500M, despite trading mostly flat. Pepe (PEPE) saw increased action among memecoins, with volume spiking over $250M, although it ended the day slightly in the red. Whale Activity & Liquidations Fuel to Ethereum’s Strength While not the primary driver of price, whale activity has played a supporting role in recent price behavior. In the last 24 hours, large BTC and ETH withdrawals from centralized exchanges suggest accumulation rather than sell pressure. Highlights: Over 486 BTC (~$57M) withdrawn from Kraken to private wallets An additional $180M+ in BTC moved off-exchange in multiple tranches ETH whales pulled 11,370 ETH ($40M) from exchanges, signaling long-term confidence Major USDT transfers: 140M minted by Tether, 250M routed from HTX to Aave—likely for DeFi usage Derivatives data shows total crypto liquidations of $120M+ over the past day: BTC short positions accounted for ~$80M, indicating a squeeze as Bitcoin held above $114K. ETH long liquidations reached ~$30M, reflecting some over-leveraged positions getting wiped as price consolidated. With most liquidations skewed toward short sellers, the market may be leaning toward a modestly bullish setup, especially if spot demand continues to rise. Final Thoughts The crypto market remains cautiously bullish, led by Ethereum’s momentum and supported by healthy exchange outflows. With whale accumulation, rising stablecoin activity, and a dip in short liquidations, the stage could be set for a more aggressive leg up—pending macro stability and policy clarity.