In a significant development in the recent Cetus hack, the Sui liquidity provider has successfully transferred about $160 million in stolen funds to a multisig trust wallet, following approval from an on-chain vote. The funds were moved to a secure wallet jointly managed by Cetus, the Sui Foundation, and OtterSec, marking a crucial step in the recovery process. Cetus Hack Fund Recovery Plan Advances, Enters Next Phase Earlier today, Sui blockchain’s liquidity protocol Cetus shared an X post, drawing the community’s attention to the progress in the Cetus hack fund recovery. Reportedly, the protocol, in collaboration with the Sui Foundation and OtterSec, has moved the isolated funds on the Sui network to a secured wallet. Cetus has now entered the next phase of recovery, following the successful transfer of funds. The platform stated, With the funds secured, Cetus has officially entered the next phase of the recovery process. Our team… Read More at Coingape.com
Webus International, a Nasdaq-listed Chinese AI solutions company, announced today that it’s planning to invest up to $300 million in an XRP reserve. The firm claims that this strategy is primarily aimed at facilitating cross-border payments.
Additionally, Webus aims to use XRP to help expand an AI-native company’s other blockchain-related development ambitions. Depending on the investment’s success, the firm may incorporate on-chain solutions in several fields.
Webus is not the only Chinese company considering a massive crypto investment this month, but its XRP reserve plan seems more deliberate.
Two weeks ago, Addentax Group, a logistics firm, considered investing $800 million in BTC and TRUMP. This may have been an attempt to secure tariff relief, and Addentax barely mentioned its crypto ambitions.
On the other hand, Webus described a long-term vision for the XRP reserve in explicit detail:
“These strategic developments have the potential to create a powerful synergy between our domestic and international operations. The integration of an XRP blockchain integration has the potential to revolutionize how we handle cross-border payments for both partners and travelers worldwide,” claimed Nan Zheng, CEO of Webus.
In other words, Webus’ AI solutions cater to customers around the globe, and DeFi may help smooth over recurring problems. Chinese firms can experience difficulties with bank processing across borders, but XRP may provide a solution.
Webus mentions using the tokens for lending, shareholder guarantees, third-party credit, and other core financial interactions.
Furthermore, a $300 million investment could help an AI-specific firm access the other advantages of Web3. In addition to improving cross-chain payment operations, XRP integration will help develop the company’s blockchain infrastructure.
XRP Reserve Asset
Webus International Limited (NASDAQ: WETO), a recognized provider of AI-driven mobility solutions specializing in premium, customizable chauffeur services for travelers worldwide, today announced two complementary strategic developments that significantly… https://t.co/xTlYUiWWxNpic.twitter.com/kpmAHEmIsJ
— Chad Steingraber (@ChadSteingraber) May 29, 2025
Webus’ press release mentions a few concrete goals like on-chain record keeping, loyalty tokens, and customer wallets.
Meanwhile, the company’s stock price has surged over 60% in after-market prices since the announcement.
XRP is already a leading cryptoasset, but $300 million is a substantial amount of money by any metric. If Webus helps integrate the token into the Chinese AI ecosystem, it could prove highly beneficial for XRP and the company.
Depending on the success of this reserve strategy, Webus could be setting a new trend for crypto’s worldwide integration.
Shiba Inu price has dipped below $0.000015 on Saturday April 26, as bulls lose momentum. Derivatives trading data shows a SHIB price drop below $0.00001400 could trigger a cascading liquidations
Shiba Inu Price Consolidates as Bulls Lose Momentum
Shiba Inu price stalls after 17% gains on the weekly candle, with trading indicators suggesting the bullish momentum could be weakening.
Currently trading at $0.00001419, SHIB has only mustered a modest 0.6% gain over the last 24 hours, according to CoinGecko data.
However, its inability to sustain early gains above $0.000015 highlights mounting selling pressure, especially during U.S. trading hours where retail activity noticeably thinned.
Earlier in the day, multiple sharp rejections near the $0.0000150 zone on Binance and Coinbase hinted at exhaustion among short-term bulls.
Shiba Inu Price Action | Source: Coingecko
After a sharp rally in Asian morning hours, SHIB price entered series of lower highs, typically a sign that buyer conviction is dwindling.
Traders on Asian-dominated platforms like Bybit and OKX reported heavier-than-usual spot selling, suggesting that some whales may be de-risking positions ahead of the weekend.
Shiba Inu maintains a market capitalization of approximately $8.36 billion, solidifying its spot as the 18th-largest cryptocurrency.
However, after last week’s rally, traders now appear to be taking on a cautious stance as liquidity thins, seeking clearer directional signals, particularly as Bitcoin price failed to hold the $95,000 level.
Nearly 3 Million SHIB Longs Risk Liquidation at Critical Price Level
Liquidation data adds another layer of concern for Shiba Inu. According to the latest Coinglass’ Liquidation Map, approximately 2.96 million SHIB longs are at risk of liquidation if the price drops to $0.00001365.
Binance alone accounts for 766,710 SHIB of this leveraged exposure, making it the largest single source of potential liquidation pressure.
The map highlights a clear liquidity pocket around this level, meaning a breakdown could trigger a wave of forced selling as margin positions are closed automatically.
Shiba Inu Liquidatiom Map, April 26 2026 | Coinglass
Historically, similar patterns — like in late March when SHIB lost $0.000012 — saw prices collapse 5%–8% within hours as liquidation cascades intensified the downward pressure.
Recent trading on Binance Futures also shows a rise in the SHIB long-to-short ratio, reaching 2.7:1 at peak levels earlier today, before cooling slightly.
Over the past 30 days, cumulative long leverage has trended steadily downward, yet large clusters of overexposed longs persist just beneath the current SHIB price.
This concentration suggests that $0.00001365 now serves as a major liquidity cluster — if tested, it could lead to a rapid cascading effect, mirroring the sharp liquidations seen across altcoins like PEPE and FLOKI in similar setups earlier this month.
Within the current market dynamics, a sustained break below $0.00001400 could set off an aggressive liquidation cascade toward $0.00001365, and potentially lower if panic selling ensues.
Conversely, if SHIB price can maintain steady support above $0.00001420 and reclaim $0.00001450, it may avert a deeper correction.
XLM, the native token of Stellar and an XRP rival, is poised for a massive price decline as it has formed a bearish price pattern on the four-hour timeframe. The asset is holding above a crucial level, but due to bearish market sentiment and continuous price drops, it has reached a critical make-or-break level.
XLM Technical Analysis and Upcoming Level
According to expert technical analysis, XLM has formed a bearish head and shoulders pattern and is on the verge of a breakout as it currently sits at the neckline. Based on recent price momentum and historical patterns, if the asset breaches this level and closes a four-hour candle below $0.265, there is a strong possibility it could drop by 30% to reach $0.19 in the coming days.
Source: Trading View
Amid the ongoing bearish market sentiment and continuous price decline, the asset has already traded below the 200 Exponential Moving Average (EMA) on both the daily and four-hour timeframes. This indicates a downtrend in both the short term and long term.
Currently Price Momentum
XLM is currently trading near $0.275 and has experienced a price drop of over 4.5% in the past 24 hours. During the same period, due to the market’s unexpected move, its trading volume dropped by 35%, indicating lower participation from traders and investors compared to previous days.
Traders Over-Leveraged Positions
At press time, traders are over-leveraged at $0.27 on the lower level and $0.285 on the upper level, as reported by the on-chain analytics firm Coinglass.
Source: Coinglass
Data further reveals that traders have built $500K worth of long positions at the lower level and $2 million worth of positions at the upper level, indicating that bears are currently dominating. This suggests a strong possibility that the asset could decline in the short term.
The post Stellar (XLM) at Make-or-Break Level, 30% Crash Incoming? appeared first on Coinpedia Fintech News
XLM, the native token of Stellar and an XRP rival, is poised for a massive price decline as it has formed a bearish price pattern on the four-hour timeframe. The asset is holding above a crucial level, but due to bearish market sentiment and continuous price drops, it has reached a critical make-or-break level. XLM …
