- Pi Network’s roadmap offers structure but no timeline, leaving users frustrated and uncertain.
- Over $27M in PI withdrawn from OKX sparks speculation despite flat price action and weak momentum.
After longtime anticipation, Pi Network [PI] has made a major move. A new roadmap has been released, hinting at what’s next for millions of users… and it’s already stirring up concern.
Meanwhile, unusual activity around PI is catching the market’s eye.
Pi Network’s migration plan sparks confusion
Pi Network’s newly released migration roadmap was meant to mark a turning point — guiding its millions of users, or “Pioneers,” into the open Mainnet era.
But instead of clarity, the document has triggered a wave of frustration and doubt.
While the roadmap outlines three phases of token movement — including mining rewards, referral bonuses, and node payouts — it provides no concrete timeline for when these transitions will happen.
Users are left guessing about when their PI will become usable, how many are queued for movement, and how long the process will take.
The platform’s own admission that the “transferable balance” display may be lower than actual holdings has deepened mistrust.
Some are now questioning the very foundation of the project — wondering how a blockchain could pre-mint all tokens yet require years of mining, or if there was ever a real chain behind the interface at all.
Exchange supply nosedives
Over 13 million PI coins were withdrawn from OKX in a series of rapid, high-value transactions traced to the same buyer.
In less than 48 hours, this address executed three massive transfers totaling over 41 million PI (worth roughly $27 million).
The sudden outflow has sharply reduced OKX’s available PI supply, adding fuel to growing speculation of an incoming price breakout.
Source: X
With the migration roadmap leaving users uncertain, this off-exchange accumulation shows rising conviction among insiders — or perhaps whales preparing for something bigger.
Exchange reserves are drying up fast, and the market knows it.
Pi price outlook
Despite the massive $27M withdrawal from OKX, Pi Network’s price action remains muted. At press time, PI traded at $0.64, barely moving amid low volume.
The RSI was at 44, showing weak momentum and no signs of immediate reversal. OBV was at -13.56M, reflecting persistent sell pressure since March.
Source: TradingView
However, the sideways consolidation since early April hints at potential accumulation. If buyers continue draining exchanges, a supply shock could flip sentiment quickly.
Until then, bulls need to reclaim $0.75 to break this downtrend and revive market confidence.
