Why Are Pi Tokens Increasing on Exchanges?

[chainsniff]

Q: Why are more Pi tokens being held on exchanges?
A: On-chain data shows a steady rise in exchange reserves, meaning users are transferring Pi to trading platforms — often a sign they may be preparing to sell.

Q: What does this mean for price?
A: When supply on exchanges rises faster than demand, it can create downward pressure on price. This is especially important as more tokens enter circulation through migrations.

[madmax]

tokens moving to exchanges? yeah definitely just for “storage,” nothing suspicious at all