<ul><li>Pi Network (PI) experienced a 25% dip in price following the release of 8 million tokens into circulation, causing the value to drop from $1.40 to around $1.10.</li><li>A significant increase in trading volume, reaching $1.63 billion, was observed, with a single transaction involving 90 million PI tokens, indicating whale trades influencing market direction.</li><li>Concerns arise over the upcoming release of 13 million more PI tokens on May 15, potentially leading to further price declines if demand-side fundamentals can't absorb the increased supply.</li><li>Speculation around a potential listing on centralized exchanges, particularly Binance, mounts as the Pi Core Team is expected to make an announcement on May 14, one day before the next token unlock.</li></ul>

Pi Network price dips 25% after 8M unlock, with 13M more tokens set for May 15

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