$PI The core team frequently sells at lows, dumping large amounts to obtain liquidity: On-chain data shows that the core team has repeatedly sold millions of tokens. Crypto commentators point out that, due to Pi Network’s lack of practical applications and healthy ecosystem revenue, selling tokens has become the core team’s only means of obtaining liquidity. This has triggered enormous selling pressure in the market: Project teams of ordinary cryptocurrency projects usually choose to lock up tokens or conduct buybacks when prices are weak to stabilize confidence. However, the Pi core team continues to sell at low prices, directly causing the token price to keep hitting new lows and testing its historical bottom multiple times.

$PI The core team frequently sells off large amounts at price lows (Dump) to obtain liquidity: On-chain data shows that the core team has repeatedly sold millions of tokens. Crypto commentators point out that, due to Pi Network's lack of practical applications and healthy ecosystem revenue, selling tokens has become the core team's only means of obtaining liquidity. This has triggered enormous selling pressure in the market: Crypto project teams generally choose to lock up tokens or conduct buybacks when prices are weak to maintain confidence. However, the Pi core team continues to sell at low prices, directly causing the token price to repeatedly hit new lows and test its historical bottom.

$PI is trending upward—how did your long positions disappear?