Pi token recently fell to $0.46, a 1.57% decrease, amidst suspicions of deliberate price suppression.
Unusual trading patterns show large sell walls at $0.459 and significant buy orders at $0.457, fueling manipulation speculations by large holders.
The theory gained momentum after the release of 270 million Pi tokens on July 4, indicating a strategic move to create uncertainty and accumulate tokens at a discount.
While Pi Network retains strong support, users are advised to remain cautious, especially during periods of high token movement and uncertain market behavior.