{"id":68706,"date":"2026-02-24T15:40:34","date_gmt":"2026-02-24T15:40:34","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/pi-holds-0-16-as-778k-tokens-leave-exchanges-rebound-brewing\/"},"modified":"2026-02-24T15:40:34","modified_gmt":"2026-02-24T15:40:34","slug":"pi-holds-0-16-as-778k-tokens-leave-exchanges-rebound-brewing","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/pi-holds-0-16-as-778k-tokens-leave-exchanges-rebound-brewing\/","title":{"rendered":"PI holds $0.16 as 778K tokens leave exchanges: rebound brewing?"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/12\/Pi-Network-suspends-wallet-payment-requests-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/12\/Pi-Network-suspends-wallet-payment-requests-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/12\/Pi-Network-suspends-wallet-payment-requests-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/12\/Pi-Network-suspends-wallet-payment-requests-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li>PI price rose slightly on Tuesday, with buyers testing resistance above $0.16.<\/li>\n<li>Holder balances on centralized exchanges have reduced by over 700,000 PI tokens over the last 24 hours.<\/li>\n<li>The technical outlook for PI is mixed amid overall bearish sentiment.<\/li>\n<\/ul>\n<p>Pi Network\u2019s token is showing some resilience amid broader crypto market weakness, with price retesting resistance above $0.16 despite key losses for Bitcoin and major altcoins.<\/p>\n<p>The PI token traded to its intraday highs on a slight uptick in daily volume as on-chain data reveals a sharp decrease in token balances on centralized exchanges (CEXs).<\/p>\n<p>While the upward move from lows of $0.13 on February 11 suggests bullish resilience, PI must extend gains above the latest barrier level to give buyers an upper hand.<\/p>\n<p>Testing the key level amid broader crypto sentiment means a potential downward flip could follow if profit-taking deals mount.<\/p>\n<h2>Pi Network sees over 700,000 PI exit exchanges<\/h2>\n<p><a href=\"https:\/\/piscan.io\/core-team-cex-statistics\" target=\"_blank\" rel=\"noopener\">PiScan data<\/a> reveals CEX balances have shrunk sharply in the past 24 hours, with more than 778,434 PI tokens leaving CEXs such as OKX, Bitget, and MEXC.<\/p>\n<p>The outflows suggest strong holder conviction, and are key to the reduced selling pressure currently helping bulls hold the advantage.<\/p>\n<p>Net outflows indicate accumulation rather than distribution.<\/p>\n<p>Buyers could capitalize on this outlook to drive prices higher, more likely if the broader market sentiment improves.<\/p>\n<p>Despite CEX outflows, the PI price is signalling upside potential amid Pi Network\u2019s Open Network expansion.<\/p>\n<p>The project has accelerated its KYC verifications and mainnet migrations.<\/p>\n<p>Meanwhile, the Pi Core Team sees\u00a0 milestones such as the release of details on the Ecosystem Token Design as crucial steps.<\/p>\n<p>The Pi Request for Comment (PRC) for community input is among ecosystem developments that are adding to investor confidence.<\/p>\n<h2>Pi Network technical outlook<\/h2>\n<p>Despite the intraday gains, Pi Network\u2019s price remains 9% down this past week.<\/p>\n<p>The token is also in the red over the past month and year-to-date time frames, about 11% and 20%, respectively.<\/p>\n<p>PI\u2019s technical picture shows sentiment is largely bearish, with oscillators neutral. However, moving averages are leaning \u201cstrong sell\u201d.<\/p>\n<figure id=\"attachment_362157\" aria-describedby=\"caption-attachment-362157\" class=\"wp-caption alignnone\"><img loading=\"lazy\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"size-full wp-image-362157\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2026\/02\/pi-price-chart.png\" alt=\"PI Price Chart\" width=\"1057\" height=\"613\"\/><figcaption id=\"caption-attachment-362157\" class=\"wp-caption-text\"><a href=\"https:\/\/www.tradingview.com\/symbols\/PIUSDT\/\" target=\"_blank\" rel=\"noopener\">Pi Network price chart<\/a> by TradingView<\/figcaption><\/figure>\n<p>Bulls could muster upward momentum if prices stabilize above the $0.15. Support here and increased volume could allow PI to target $0.18 and then $0.27.<\/p>\n<p>However, bears may yet dominate if bulls fail to hold above a downtrend line going back to the October 10, 2025, crash.<\/p>\n<p>Should short-term losses accelerate below $0.15, major support lies around $0.13, an area that marked PI\u2019s all-time low on Feb 11.<\/p>\n<p>Indicators like MACD and RSI on the daily chart are offering a mixed outlook.<\/p>\n<p>The MACD suggests a bearish crossover, while the RSI sits at 46 and outlines a possible leg up.<\/p>\n<p>PI price, like most cryptocurrencies, will likely track risk asset sentiment and performance in the short term. Macroeconomic and geopolitical factors will be key catalysts.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/pi-holds-0-16-as-778k-tokens-leave-exchanges-rebound-brewing\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) PI price rose slightly on Tuesday, with buyers testing resistance above $0.16. Holder balances on centralized exchanges have reduced by over 700,000 PI tokens over the last 24 hours. The technical outlook for PI is mixed amid overall bearish sentiment. Pi [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":68707,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/68706"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=68706"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/68706\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/68707"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=68706"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=68706"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=68706"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}