I found that too many PI friends are almost all unable to display borrowing data, possibly due to regional restrictions. I'll help by forwarding the whale borrowing data for everyone to see. Here is the data as of October 3rd at 2 PM. #PI
The consensus of eating whales in PI is rapidly rising. Borrowing whales are continuously borrowing coins on specific exchanges to suppress prices. As of October 1st, over ten million PI have been borrowed on CEX, exceeding the borrowing risk limit of 30% for that CEX. Historically, the highest total borrowed was only 11 million PI, and now the total amount held by that CEX is significantly lower, with only 34 million PI remaining. Furthermore, due to the increased borrowing risk, the maximum borrowable amount for users at that exchange was 9.1 million PI per single account in March. As of now, with the total amount of PI decreasing in October, CEX has lowered the maximum borrowable amount to 5.85 million. On September 22nd, a borrowing whale borrowed over 9.5 million PI and sold it on the market, causing the price to drop to 0.18. However, just a few hours ago, they started increasing their borrowing by 3.5 million PI, yet the market rose instead of falling. Why did the price rise? This is because our great "consensus against borrowing whales is quietly forming." Everyone knows it's time to eat fish. Everyone knows that borrowing whales cannot borrow more coins to sell, so everyone knows it's time to eat fish. We need to raise the price to create panic among the whales, and once it rises to 0.4, it will be close to the liquidation price of 0.42 for the whales. Therefore, it is estimated that before reaching 0.35, the borrowing whales will panic and initiate our consensus against the whales to pump the price. The people in the consensus group are all whales helping us make money. The moment of counterattack has arrived. Brothers! Let's eat fish~ If you are also a hero fighting against the borrowing whale consensus, please give a like ❤️ Let us know that you are not alone. Let's spread the word! Today, October 1st, is token2049, and let this fish-eating action become a growth boost for Founder Dr. Fan's speech. #PI
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