$PI is likely the ecosystem purchasing Pi tokens; there are no major players here, and dumping the price is something the foundation is doing.

PI3.71%
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PeacefulAndOrdinary
· 15h ago
You're right, currently the coins are all being sold by the team, damn it, our pioneers are just the little guys.
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GateUser-ea2b995f
· 16h ago
Stop guessing, 90% of the time it's the foundation or institutions pumping and manipulating the market, waiting for the conference to not meet expectations, then a sudden drop occurs, or they might come in just before the conference.
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