22/09/2025
Pi Network Unveils AI-Powered KYC 🤖 – Whales Accumulate Amid Consolidation
Built-in AI speeds up KYC verifications at Pi Network.
On Monday, Sign hosts its inaugural Pi Network gathering in Seoul.
As CEX wallet balances fall, PI stays modest in consolidation.
Many PI token transfers in the previous 24 hours imply investment accumulation.
Pi Network (PI) consolidates above $0.3500 for the sixth day as investors' mood remains low after the rollout of AI-powered KYC. A drop in Centralized Exchanges (CEXs) wallet balances and whale activity imply large-wallet investors are buying the dip.
Pi Network launches fast-track KYC.
Pioneers, or network users, may activate the mainnet wallet before 30 mining sessions thanks to Pi Network's speedier KYC flow and more AI functions.
Entitled users with fewer sessions than before may utilize this functionality. Faster KYC permits just mainnet wallet activation, not PI token movement.
At a Seoul community gathering on Monday, Ethereum-based digital verification protocol Sign protocol announced a relationship with Pi Network. At 10:30 GMT on Monday, Sign Xin Yan's CEO and an unnamed Pi Network co-founder will discuss.
Whales accumulate as PI coin consolidates.
As investors accumulate at lower prices, PiScan data shows a net outflow of 1.08 million PI coins from CEX wallet balances. A drop in exchange reserves reduces selling pressure, which might boost prices.
Whales, major wallet investors, withdraw almost 3.40 million PI coins in four of the five greatest volume transactions on the network, confirming an increase in demand.
Increased whale activity often signals a trend reversal.
Selling pressure decreases as PI Network consolidates above $0.3500 within a range of $0.3220 to $0.4000. A closing over $0.4000 might continue the surge to $0.5032, the June 22 close.
Still, the Accumulation/Distribution line at -283 million, up from -289 million Thursday, suggests a decrease in selling pressure.
