Data: An address has increased its holdings by 331 million PI in the past three months, approximately 148.5 million USD

ChainCatcher news, as reported by Cointelegraph, in the past three months, a mysterious wallet address named GAS…ODM has accumulated 331 million PI coins, worth approximately $148.5 million.

This address has made large withdrawals of PI dozens of times from major trading platforms such as OKX, Gate.io, and MEXC, and is now the sixth largest holder in the Pi Network ecosystem, surpassing the wallet balances of trading platforms like Bitget and MEXC.

During the accumulation period of this address, the price of PI has dropped by as much as 70% from its peak in early May, hovering around $0.44 to $0.48 by mid-July. As of the time of writing, it is at $0.3496, with a 24-hour decline of 13.32%.