Pi Network Wallet Moves 2.8M Tokens from OKX

A wallet, identified as ODM, has withdrawn 2.8 million Pi tokens from the OKX exchange and now holds over 315 million Pi tokens. The wallet's owner is unknown, but there is speculation that it might be controlled by the Pi Core Team. Pi token unlocks are happening regularly, with over 100 million Pi tokens unlocked between July 8 and July 15, with more unlocks scheduled for the rest of the month and in August. The Pi token's price has recently declined, and unlocks are adding to selling pressure and market volatility. Whether the ODM wallet is from Pi Core Team is unconfirmed. It is speculated that this wallet might provide short-term market stability and/or signal a major announcement or listing.