Who is the Pi Network whale?
Over the past three months, a mysterious crypto wallet labeled GAS…ODM has quietly amassed 331 million Pi coins — a haul worth around $148.5 million, according to Piscan and other tracking tools.
This wave of accumulation stands out because it unfolded during a steep 70% drop in Pi Coin (PI) price since May.
While the wider cryptocurrency market entered a mild altcoin season, Pi lagged; yet this Pi Network whale kept buying aggressively.
Analysts note that such consistent accumulation, even in a downturn, signals calculated intent rather than casual speculation, placing GAS…ODM firmly among the top Pi holders now shaping market dynamics.
The GAS…ODM wallet’s Pi accumulation of 331 million Pi coins
The GAS…ODM wallet has repeatedly pulled multimillion-PI transfers from major exchanges such as OKX, Gate.io and MEXC — a hallmark of deliberate crypto accumulation rather than day trading.
Over three months, the address executed dozens of outsized withdrawals, steadily stacking Pi Coin, while most retail holders hesitated.
Notably, the Pi whale’s wallet activity intensified during price dips, with inflows spiking when Pi slid toward support zones — a pattern rarely seen unless the buyer has a long-term thesis.
GAS…ODM is now the sixth-largest holder in the Pi Network ecosystem, surpassing exchange wallet balances from platforms like Bitget and MEXC.
Blockchain data suggests a patient strategy: holding through volatility, consolidating coins off exchanges and tightening available supply. To seasoned observers, the behavior resembles that of a crypto whale accumulating for either governance influence, strategic staking or pre-listing positioning.
Whatever the motive, this mysterious crypto wallet now exerts a gravitational pull on Pi’s liquidity and future Pi price action.
Did you know? Of the estimated 7.4 billion PI converted to mainnet, approximately 5.2 billion remain locked due to lock-up terms, while only 2.2 billion are currently unlocked and in circulation.
Market conditions through the Pi whale’s wallet activity
During the buying spree, Pi’s price tumbled 30%-70% from its early‑May highs, hovering around $0.44-$0.48 by mid‑July.
This slump came even as the…
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