PI Smart Money Index (SMI) Signals Key Holder Exit

PI’s Smart Money Index (SMI) has been steadily declining since June 25, dropping by 9% to reach 1.22 at the time of writing. The SMI tracks the behavior of experienced or institutional investors by analyzing trading patterns during the first and last hours of the market session.

A rising SMI typically indicates increased buying activity from these "smart money" players, reflecting growing confidence in the asset. However, the current downward trend highlights a different story — heightened selling activity and waning confidence from key market participants.

This persistent decline in SMI suggests that institutional investors are stepping back, signaling limited belief in a near-term price recovery for PI. Until sentiment shifts, upward momentum may remain subdued.