#PI A total of 2 billion coins were deposited in a few exchanges. How could it end up like this? It can only mean that the dealer has been cashing out and dumping.

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GateUser-ae9c1235
· 2025-02-20 16:42
Not dealer dump, it's these pis entering the exchange and then the exchange offering high returns to lure retail investors to stake their pis. After staking, capital can be borrowed to dump short, then use the low-priced pis to repay the borrowed pis, and then repeat the operation. How can it rise? The retail investors staking are greedy for high interest rates, but the principal will only continue to decrease, which is really ridiculous.
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