{"id":12651,"date":"2025-10-06T11:13:14","date_gmt":"2025-10-06T11:13:14","guid":{"rendered":"https:\/\/bitunikey.com\/news\/can-pi-network-price-recover-after-15-7m-coin-leave-okx\/"},"modified":"2025-10-06T11:13:20","modified_gmt":"2025-10-06T11:13:20","slug":"can-pi-network-price-recover-after-15-7m-coin-leave-okx","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/can-pi-network-price-recover-after-15-7m-coin-leave-okx\/","title":{"rendered":"Can Pi Network price recover after 15.7M coin leave OKX?"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Pi Network price teeters as 15.7M tokens leave OKX and 119M more are set to unlock this month.<\/p>\n<div id=\"cn-block-summary-block_61254d4bc8b1117dc44bf006199cb627\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>OKX has recently reopened PI withdrawals, triggering over 15.7 million tokens withdrawn within 24 hours \u2014 yet PI Network price continued to slip.<\/li>\n<li>119.4 million PI tokens (worth over $31 million) are set to unlock in the next 30 days, adding potential sell pressure.<\/li>\n<li>PI remains oversold near $0.26, with the immediate resistance at $0.2636 and a key support risk zone around $0.25.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>After bleeding almost 20% on Sept. 22, leading to a loss of the $0.30-0.35 level, Pi Network (PI) has entered a period of sideways consolidation just above its new all-time low. The daily chart shows PI price stabilizing around the $0.26 zone, with volatility compressing and volume tapering off following the capitulation-like sell-off.<\/p>\n<p>The 7-day SMA now acts as a dynamic resistance near $0.2636, effectively capping every minor bounce attempt. However, the good news is that RSI is deeply in the oversold territory, suggesting that a short-term technical rebound could be on the horizon. <\/p>\n<p>If bulls manage to push PI Network price above the 7-day SMA, the next barrier sits around the $0.33-0.35 mark, where previous support turned into resistance during the September breakdown. However, a sustained weakness below $0.25 risks extending the downtrend toward new lows.<\/p>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">Source: <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\/chart\/skYOuuO6\/?symbol=OKX%3APIUSDT\" target=\"_blank\" rel=\"nofollow\">TradingView<\/a><\/figcaption><\/figure>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">Why is Pi Network price falling?<\/h2>\n<p>OKX has recently reopened PI withdrawals after a <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/x.com\/NEWS_Pii\/status\/1974322701826490414\">brief suspension<\/a>. What followed was a massive outflow of over 15.7 million PI tokens within 24 hours. Large withdrawals typically signal long-term accumulation, but in this case, Pi Network price actually slipped further. This may be because investors are anticipating further short-term downside as the upcoming token unlock schedule threatens to flood the market with additional supply.<\/p>\n<p>Over the next 30 days, approximately 119.4 million PI tokens \u2014 valued at more than $31 million \u2014 are scheduled to unlock, representing about 2.34% of the total locked supply, according to <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/piscan.io\/unlock-statistics\" target=\"_blank\" rel=\"nofollow\">data from PiScan<\/a>. The average daily unlock is around 3.98 million PI, with the largest single unlock of over 9.18 million PI expected on Oct. 11. Unless renewed demand or a major ecosystem catalyst absorbs the influx, this oversupply risk may keep Pi Network price subdued or push it toward fresh lows.<\/p>\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"2484\" height=\"1154\" src=\"https:\/\/bitunikey.com\/news\/wp-content\/uploads\/2025\/10\/1759749194_2_Can-Pi-Network-price-recover-after-157M-coin-leave-OKX.webp.webp\" alt=\"Can Pi Network price recover after 15.7M coin leave OKX? - 2\" class=\"wp-image-14422417\"><figcaption class=\"wp-element-caption\">Source: <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/piscan.io\/unlock-statistics\" target=\"_blank\" rel=\"nofollow\">PiScan<\/a><\/figcaption><\/figure>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Pi Network price teeters as 15.7M tokens leave OKX and 119M more are set to unlock this month. Summary OKX has recently reopened PI withdrawals, triggering over 15.7 million tokens&hellip;<\/p>\n","protected":false},"author":1,"featured_media":12331,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-12651","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/12651","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=12651"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/12651\/revisions"}],"predecessor-version":[{"id":12652,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/12651\/revisions\/12652"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/12331"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=12651"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=12651"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=12651"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}