Pi Network Price Today 6/12/2025: 200 Million PIs Traded Privately

Pi Network Price Today 6/12/2025

Currently, the price of Pi (PI) is around $0.6418, looking at the broader picture, the price is still down about 51% in a month and down 2.3% in a week.

Although the price has not fluctuated much, the large transfer of tokens could help improve investor sentiment somewhat, although PI is still trading near record lows and far from its historical peak.

Some analysts have mixed views. Moon Jeff expects that if PI price breaks above the $1.2 resistance zone, it could create momentum for a strong recovery, even towards the $2 mark.

However, many people are skeptical, saying that trust in Pi is still very low, and the development team needs to do more to regain support from the community.

June 28, dubbed “Pi2Day 2,” is the focus of the Pi community. This is when the development team typically announces important milestones and updates. Many are hoping for good news, such as the long-awaited listing of Pi on Binance.

200 million PI tokens are traded privately

The Pi Network has recently attracted a lot of attention after 200 million PI tokens were transferred out of the liquidity pool and into a new wallet. This move has sparked a lot of speculation in the crypto community.

According to Moon Jeff, this could be an over-the-counter (OTC) transaction, meaning the transaction is done privately instead of through public exchanges. Such transactions are often seen as a positive signal, showing that large investors are still accumulating PI tokens.

However, many people are still disappointed. Some Pioneers who have completed KYC said they have not received their tokens yet. In addition, an analyst nicknamed Dr. Altcoin criticized the development team for lacking transparency and not bringing real value to users. He said that Pi Network needs to have clearer steps if it wants to retain long-term investors.