The fact that the Pi exchange has 18 million Pi listed for sale, while the exchange only holds 3.3 million, was presented to AI, and the result was:
This may be because the exchange is suspected of manipulating the price of Pi by placing a large number of false or inadequately backed sell orders (sell wall) to create selling pressure, driving down the market price, causing retail investors to panic and sell, allowing the exchange or related parties to accumulate more Pi at a lower price. However, in reality, the on-chain wallet balance of the exchange (as shown by the Stellar address balance on CMC) is far lower than the total amount of these sell orders, as the liquidity of Pi completely relies on user deposits (Pioneers migrating and depositing), and the Pi Core Team has never provided additional liquidity to the exchange.