Pi Network (PI) Exchange Reserves Hit All-Time High in July, Raising Concerns

Pi Network (PI) closed the month at its lowest level since being listed on exchanges. Despite a wave of positive news during the first week of July, it wasn’t enough to stop Pioneers from transferring Pi to centralized exchanges (CEXs), increasing selling pressure. Recent updates from the Pi Core Team show noteworthy development progress. However, these efforts seem insufficient in the current market environment source: https://beincrypto.com/pi-exchange-reserves-hit-all-time-high-in-july/