Pi Coin Price Marks 32% Rise, But Massive Outflows Fail Recovery

Pi Coin (PI) witnessed a sharp 32% price surge in the past 24 hours, sparking hopes of a sustained rally.

However, the optimism was short-lived as investors seemingly used the brief rally to offload holdings.

The altcoin’s momentum now faces growing pressure, with technical indicators signaling a potential breakdown if selling continues.

The Chaikin Money Flow (CMF) indicator paints a concerning picture for Pi Coin, with a steep downtick, falling to a near two-month low.

This trend reflects massive capital outflows, suggesting that traders may have taken profits quickly instead of holding for further gains.
Such sharp declines in CMF often signal growing bearish sentiment.

Pi Coin holders appear to have exited their positions amid the intra-day 32% price rise, leading to heavy outflows.

Holding $0.229 support is crucial.

Author's summary: Pi Coin's price surge is followed by massive outflows.

BeInCrypto — 2025-10-28