Pi Network Introduces AI-Powered KYC 🤖 | Whales Buying the Dip While Price Consolidates
Pi Network (PI) has rolled out AI-powered KYC verification, making the onboarding process faster for its community. At the same time, whales are quietly accumulating PI while the token continues to consolidate above $0.35.
🚀 Faster KYC with Built-in AI
Pi Network’s new upgrade lets pioneers (users) activate their mainnet wallets before completing the traditional 30 mining sessions. This AI-powered fast-track KYC helps speed up verification but is limited to wallet activation — token transfers are still restricted.
On Monday, Pi Network also made headlines at a Seoul community gathering, where Sign Protocol, an Ethereum-based digital verification project, announced a partnership with Pi Network. Sign’s CEO Xin Yan and a Pi Network co-founder are set to speak about the collaboration.
🐋 Whales Accumulate Amid Consolidation
Data from PiScan shows a net outflow of 1.08M PI from centralized exchange (CEX) wallets in the last 24 hours — a clear sign of accumulation. Large investors (“whales”) withdrew around 3.4M PI in four of the top five biggest transactions, signaling growing demand.
This accumulation comes as PI consolidates between $0.3220 – $0.4000, holding steady above the $0.3500 support level. A breakout above $0.4000 could fuel a rally toward $0.5032 (June 22 close).
📉 Selling Pressure Weakens
The Accumulation/Distribution Line has improved from -289M to -283M, showing that selling pressure is fading while demand strengthens. If this trend continues, PI may be preparing for a bullish reversal.
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TL;DR:
✅ AI-powered KYC launched for faster onboarding
🤝 Partnership with Sign Protocol announced in Seoul
🐋 Whales withdraw 3.4M PI, accumulation rises
📊 PI consolidates above $0.35, breakout over $0.40 could target $0.50+
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