Massive Token Transfers: Over 550 million PI tokens were transferred in six transactions within 24 hours, each ranging from 50 to 100 million PI.
Speculation on Intentions: The Pi Foundation has not clarified the reasons for these transfers, leading to theories about potential venture investments or preparations for a second migration phase.
Community Concerns: Analysts caution that such large-scale reallocations could indicate upcoming partnerships or structural changes, while some investors fear delays and inequalities among users during another migration.
Fragmented Holdings: Data reveals that a significant number of Mainnet users hold less than 100 PI, suggesting that decisions made by the foundation may disproportionately impact smaller wallet holders.
