When most people think that the drop in Pi is due to PCT's poorly issued announcement causing investors to sell off,
in reality, it is the lending whales pretending to create panic over the event. Whales borrow one million Pi to sell on behalf of everyone.
Whales are always smart in seizing opportunities. Whales know this will lead many KOLs to blame PCT instead of focusing on the lending whales.
So, have you seen how many KOLs are criticizing PCT online?
Go tell them the truth! They should collaborate to fight against the whales, not look for someone to blame.
#PI
Since April 5, after I promoted Pi whale lending, whenever PCT is about to make an announcement, I would mention it in advance.
So far, I have almost never missed, every time I mentioned PCT was going to make an announcement, it did.
Yesterday at 10 PM, I mentioned that PCT would make an announcement in the morning and explained that the situation with PCT would be divided into two types:
1. If no announcement is made, it will belong to the ecosystem update rise.
2. If an announcement is made, it will be misunderstood and lead to speculative shorting.
In the morning, we saw PCT use the second point, issuing an announcement that everyone criticized, and we could see that at six o'clock there was no rapid drop, but rather a slow decline over several hours, which was the same as mentioned yesterday.
#PI
28
380.66K
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.