Pi Network exchange reserves posted a sharp increase, with reported holdings across major centralized exchanges reaching 418.7 million coins, valued at about $60.9 million on the figures cited in the source. The assets are described as sitting on the Stellar blockchain. Over the past 24 hours, wallets logged a net inflow of 10.83 million tokens, while trading volume rose 28%, putting fresh attention on Pi Coin’s near-term direction.
Reserve concentration shows where liquidity is building
The exchange breakdown shows a clear lead for Gate.io, which holds 225.5 million coins. Bitget follows with 144.6 million, MEXC with 42.5 million, and OKX with 6.0 million. Rising reserves are commonly read as a sign that exchanges are preparing liquidity, but the source does not provide any confirmed new listing. Market discussion has centered on possible Binance-related speculation, though no official confirmation has been issued.
KYC rewards timeline adds another piece to the setup
An official account said on February 6 that KYC rewards distribution remains on schedule. According to that update, the design has been finalized, implementation has been completed, and the process is now in testing, with deployment targeted for March 2026. The source links this to validator incentives, balance cleanup, and the resolution of obligations, elements that exchanges often watch before broadening support.
Price stays weak even as trading activity increases
Pi Coin is trading near $0.139, down 3% over 24 hours, about 12% on the week, and close to 35% over the month. That keeps the short-term trend pointed lower. At the same time, the jump in volume suggests participation has not faded during the decline.
The key level in the source is $0.13. If buyers defend that area, the article points to a possible short-term move back toward $0.16 to $0.18. If support breaks, the next downside zone is placed around $0.11 to $0.12. RSI is described in the mid-30s, close to oversold territory. For now, exchange reserve growth, the KYC rewards timeline, and the battle around support remain the main factors in focus.