BlockBeats News, August 2nd, according to Cointelegraph, in the past three months, a mysterious wallet address named GAS...ODM has accumulated a total of 331 million PI coins, worth approximately $148.5 million.
The address has withdrawn large amounts of PI from major exchanges such as OKX, Gate.io, and MEXC multiple times and is now the sixth largest holder in the Pi Network ecosystem, surpassing exchange platform wallets like Bitget and MEXC.
During this accumulation period, the price of PI has seen a maximum drop of 70% from its early May high to fluctuate around $0.44 to $0.48 in mid-July. At the time of writing, it is priced at $0.3496, with a 24-hour decrease of 13.32%.