{"id":8382,"date":"2025-06-04T17:25:36","date_gmt":"2025-06-04T16:25:36","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=8382"},"modified":"2025-06-04T17:25:37","modified_gmt":"2025-06-04T16:25:37","slug":"foundation-276m-pi-token-holding-risk","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/foundation-276m-pi-token-holding-risk\/","title":{"rendered":"Is the Foundation\u2019s 276M Pi Token Holding a Risk ?"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"a-call-for-transparency-on-the-foundations-wallet\">A Call for Transparency on the Foundation&#8217;s Wallet<\/h2>\n\n\n\n<p>The <strong>Pi Network <\/strong>community has recently turned its attention to a wallet holding <strong>276.5 million Pi tokens<\/strong>, managed by the Pi Foundation. Members are questioning the purpose of this significant holding as the central Pi Network team remains silent on the matter.<\/p>\n\n\n\n<p>An influential member of the community, Dr. Altcoin, has highlighted this wallet ending in &#8220;ODM,&#8221; apparently owned by <strong>Pi Network Foundation 2<\/strong>. So far, the Pi team has not disclosed the intended use of this massive wallet. Furthermore, recent blockchain data reveals that this wallet made a substantial withdrawal of <strong>7.38 million Pi tokens<\/strong> today, further fueling suspicions.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" width=\"1024\" height=\"627\" src=\"https:\/\/investx.fr\/en\/wp-content\/uploads\/sites\/5\/2025\/06\/pi-network-transaction-1024x627-1.jpg\" alt=\"A PI Transaction\" class=\"wp-image-8385\" srcset=\"https:\/\/media.investx.fr\/wp-content\/uploads\/sites\/5\/2025\/06\/pi-network-transaction-1024x627-1.jpg 1024w, https:\/\/media.investx.fr\/wp-content\/uploads\/sites\/5\/2025\/06\/pi-network-transaction-1024x627-1-300x184.jpg 300w, https:\/\/media.investx.fr\/wp-content\/uploads\/sites\/5\/2025\/06\/pi-network-transaction-1024x627-1-768x470.jpg 768w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Source: Moon Jeff<\/figcaption><\/figure>\n<\/div>\n\n\n<p><em>&#8220;It&#8217;s been three months, and the Pi core team needs to be transparent about this wallet and its ultimate purpose,&#8221;<\/em> stated Dr. Altcoin. Another community member, MOON JEFF, also noted that the &#8220;ODM&#8221; wallet has been making significant Pi token withdrawals on a weekly basis for three months. An internal transfer of <strong>50 million Pi tokens<\/strong> between Foundation wallets 1 and 2 was also observed, with no official explanation provided.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"increasing-utility-of-pi-token-in-the-real-world\">Increasing Utility of Pi token in the Real World<\/h2>\n\n\n\n<p>Despite these questions, Pi has gained <strong>visibility<\/strong> and <strong>utility<\/strong> in the real world recently. In a recent survey by the <strong>Zypto<\/strong> app on <a href=\"https:\/\/investx.fr\/en\/learn\/crypto\/\">cryptocurrency<\/a> usage, Pi ranked top, surpassing assets like XRP and DASH in the use of the Zypto VISA card in the past week.<\/p>\n\n\n\n<figure class=\"wp-block-embed aligncenter is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">So, your guess for which of these cryptocurrencies were used most over the last 7 days was:<br><br>1st: <a href=\"https:\/\/twitter.com\/search?q=%24Pi&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$Pi<\/a><br>2nd: $USD1<br>3rd: <a href=\"https:\/\/twitter.com\/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$XRP<\/a><br>4th: <a href=\"https:\/\/twitter.com\/search?q=%24DASH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$DASH<\/a><br><br>Well, you got 1 out of 4 right! \ud83d\ude02<a href=\"https:\/\/twitter.com\/search?q=%24Pi&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$Pi<\/a> was indeed the most used of the 4, but <a href=\"https:\/\/twitter.com\/search?q=%24DASH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$DASH<\/a> was VERY close in 2nd place. Other weeks it&#39;s actually been\u2026 <a href=\"https:\/\/t.co\/HCiTpOaOSz\">https:\/\/t.co\/HCiTpOaOSz<\/a><\/p>&mdash; Zypto App (@ZyptoApp) <a href=\"https:\/\/twitter.com\/ZyptoApp\/status\/1929242902884168166?ref_src=twsrc%5Etfw\">June 1, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>Furthermore, Pi has entered the gaming sector with the launch of <strong>FruityPi<\/strong> last week, strengthening its ecosystem. Although the Pi token price is still struggling to gain upward momentum, a recent <a href=\"https:\/\/investx.fr\/en\/trading\/technical-indicators\/\">technical analysis<\/a> hints at the possibility of <strong>a 60% rally<\/strong> ahead.<\/p>\n\n\n\n<p>For Pi <a href=\"https:\/\/investx.fr\/en\/crypto-investing\/\">cryptocurrency investors<\/a> and enthusiasts, these developments underscore the critical importance of <strong>transparency<\/strong> and <strong>communication<\/strong> from the Pi Network core team. As Pi gains utility in the real world, the community awaits clear responses regarding the intentions behind this <strong>massive wallet<\/strong> held by the Foundation.<\/p>\n\n\n\n<p>Enhanced transparency would help <strong>restore trust<\/strong> and support Pi Network&#8217;s progress in the months to come. Stay tuned for further updates on this evolving story.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/investx.fr\/go-bitget\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Buy Pi Network (PI) on Bitget !<\/a><\/div>\n<\/div>\n\n\n\n<p><strong>More on this topic :<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/investx.fr\/en\/crypto-news\/xrp-pi-network-dogecoin-altcoins-2025\/\">XRP, Pi Network &amp; Dogecoin : Altcoins to Watch in 2025<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/investx.fr\/en\/crypto-news\/psg-token-drop-after-ucl-win\/\">PSG Token Falls After UCL Win : What\u2019s Causing the Drop ?<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/investx.fr\/en\/crypto-news\/ripple-ceo-denies-circle-acquisition-rumors\/\">Ripple CEO Confirms : No Acquisition of Circle in the Works !<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>The Pi Network community is questioning the intentions behind the Foundation&#8217;s wallet holding 276 million Pi tokens. As Pi gains real-world utility, investors seek greater transparency from the core team.<\/p>\n","protected":false},"author":40,"featured_media":8381,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","faq_titre":"","questions_frequentes":"","custom_permalink":""},"categories":[11,10],"tags":[],"class_list":["post-8382","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins","category-crypto-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Is the Foundation\u2019s 276M Pi Token Holding a Risk ?<\/title>\n<meta name=\"description\" content=\"Explore concerns around the Foundation\u2019s 276 million Pi token holdings and what it could mean for Pi Network\u2019s future.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, 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