Pi Network Price Forecast: CEXs deposits, core team outflows weigh down on PI token

Pi Network (PI) remains under bearish pressure, extending losses for the second straight day. Large deposits to Centralized Exchanges (CEXs) and outflows from Pi Foundation wallets over the last 24 hours suggest intense selling pressure during the second migration phase. Pi Network extends losses on Friday as bulls lose the tug-of-war near the 50-day EMA, following a roughly… Pi Network (PI) remains under bearish pressure, extending losses for the second straight day. Large deposits to Centralized Exchanges (CEXs) and outflows from Pi Foundation wallets over the last 24 hours suggest intense selling pressure during the second migration phase. Pi Network extends losses on Friday as bulls lose the tug-of-war near the 50-day EMA, following a roughly 3% decline the previous day.PiScan data shows an increase in CEXs deposits and outflows from Pi Foundation wallets amid the second migration rollout.The technical outlook for the PI token is bearish as selling pressure resurfaces.Pi Network (PI) remains under bearish pressure, extending losses for the second straight day. Large deposits to Centralized… For traders, this matters because crypto headlines can change short-term momentum, liquidity conditions and broader risk appetite within minutes. Watch follow-through in majors, exchange volume and risk sentiment in US indices to judge whether the move has real participation behind it.