Pi Network recently faces its most severe test of the year. It is reported that approximately 95 million tokens will be unlocked this month, a release that will undoubtedly put significant pressure on the market supply side. However, on-chain data shows that the situation is not entirely pessimistic. Data indicates that in January, 2.7 million tokens moved from exchange wallets to private addresses. This detail is worth noting—large sums of funds continue to be withdrawn from exchanges, suggesting that many participants still have confidence in the long-term prospects and have chosen self-custody. Of course, the short-term supply pressure is very real. But from a development cycle perspective, the level of infrastructure maturity and community resilience are both being tested. Behind this stress test is actually an examination of the network’s true capabilities.

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GateUser-a1213992vip
· 2h ago
There are certainly many unlocks, but that doesn't necessarily mean they are all sell orders.
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Myronsvip
· 2h ago
Hold tight 💪
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GateUser-c73f4527vip
· 4h ago
Don't miss a core point here: all hopes and future value are built on the ecosystem. Currently, the main focus is on the construction, improvement, and open implementation of the ecosystem.
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CounterIndicatorvip
· 4h ago
95 million coins dumped? Nonsense. According to on-chain data, 2.7 million have been withdrawn. I trust the hands of the holders more than the mouths of those who are shouting.
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SwapWhisperervip
· 4h ago
The real highlight is the 2.7 million tokens flowing to private addresses, which shows that some people still believe... The 95 million unlock pressure is indeed significant, but if you can hold on, it's a profit.
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MetaverseVagabondvip
· 4h ago
Huh, 2.7 million coins withdrawn from the exchange? That's quite a large amount; it seems some people still believe in Pi. The large unlock pressure is indeed terrifying, but are all the people withdrawing just to run away? Seems like these are the true believers. 950 million coins suddenly dumped; it will definitely be tough in the short term. Let's see if the community can hold up. This round is a real stress test; surviving is what matters.
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CryptoCross-TalkClubvip
· 4h ago
95 million tokens unlocked? The retail investors should be panicking now. I'm quickly preparing some jokes. --- 2.7 million tokens withdrawn from exchanges. Is this faith or panic selling? I can't understand. --- Stress test? I see this as a rehearsal for life and death moments. Don't boast that stress can reveal real gold and silver. --- Those confident in the long-term are already investing. The rest are probably waiting to buy the dip. I believe in this wave. --- It's another "test of true online capability." Why does this copy feel so familiar? Should I just change the project name and reuse it? --- Short-term supply pressure is high, but the long-term outlook is good. Why does this logic sound so awkward to me? --- The real test is whether we can withstand this wave of selling pressure. Everything else is just a story.
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