Odaily Planet Daily reported that Onchain Lens data show a Matrixport-linked whale, with more than $59 million in profits, opened a 30,000 ETH long position with 15x leverage in the past hour, valued at $68 million. The whale now holds 58,000 ETH in long exposure across three addresses (0xa5B0...1D41, 0xfd42...3d97, 0x6c85...84f6), using 15x to 20x leverage, for a combined position value of $131.82 million.

Onchain analyst Onchain Lens (@OnchainLens) reported that a Matrixport-linked whale that has already realized more than $59 million in profits returned to the market within the past hour, opening a new 30,000 ETH long position with 15x leverage, valued at about $68 million. The whale now holds a combined 58,000 ETH in long positions across three wallets, using 15x to 20x leverage, with a total notional value of roughly $132 million.

PI changed hands around $0.1893 on April 28, up about 5.8% over 24 hours and more than 10% on the week, as markets digested the completion of Protocol 22. The move has drawn fresh attention during a key technical transition, though PI remains well below its February 2025 high of $2.99, keeping the rebound in rebuilding territory rather than a full-blown rally. Protocol 22 was finalized on April 27, delivering a mainnet upgrade aimed at improved scalability, higher transaction throughput, and stronger readiness for decentralized applications. More than 10 billion PI have migrated to Mainnet, while roughly 6 billion are still locked. That restricted liquid supply is helping curb near-term sell pressure and keeping the spotlight on utility-driven growth. Node operators have been told to upgrade to Protocol 22 by today, according to a widely circulated post, as the network positions for Protocol 23 in May. Attention is increasingly shifting to Protocol 23 as the next potential catalyst. The update is expected to introduce smart contracts and expand decentralized finance and cross-chain capabilities, giving developers more room to build within the Pi ecosystem. Technically, traders are tracking a developing double-bottom breakout setup, with a neckline near $0.190. PI is trading above its 10-day, 20-day, 50-day, and 100-day exponential moving averages. The 14-day RSI sits near 63.96, suggesting momentum is improving without flashing immediate overbought conditions, while the weekly RSI near 36.01 points to an ongoing recovery from earlier weakness. Key support is seen at $0.1832. A sustained move above $0.190 would shift focus to upside targets at $0.2045 and then $0.220. A break below support would raise the risk of a faster downside move.

ChainCatcher reports that Onchain Lens data shows a Matrixport-linked whale that has realized more than $59 million in profits opened a 30,000 ETH long position over the past hour, using 15x leverage, valued at about $68 million. The whale now holds 58,000 ETH in long positions across three addresses (0xa5B0...1D41, 0xfd42...3d97, 0x6c85...84f6), with leverage ranging from 15x to 20x. Total position value stands at $131.82 million.

Fidelity has transferred 19,934 ETH—valued at about $45.29 million—to Coinbase, as institutional wallet flows pick up. Arkham Intel onchain data shows the move took place within the past 30 minutes, with the funds shifting from cold storage to the exchange's liquid reserves. The inflow comes as institutional desks rebalance liquidity tied to spot ETH ETFs and client redemption activity. Source: Lookonchain

Fidelity moved 19,934 ETH, valued at about $45.29 million, into Coinbase roughly 30 minutes ago.

Circle has launched native $USDC and the Cross-Chain Transfer Protocol (CCTP) on the @Pharos_network mainnet, aiming to support institutional-grade settlement for tokenized real-world assets (RWA). The integration gives RWA issuers and DeFi protocols including @Centrifuge and @AquaFluxPro access to 1:1 USD redeemability across 450 unique transaction routes. Circle also introduced a $10 million native incubation program to back developers building stablecoin-backed credit and commodity markets on the high-performance Layer 1. With the addition of Pharos, $USDC is now natively supported across 33 blockchains, positioning the stablecoin as a liquidity rail for 24/7 instant settlement of tokenized real-world assets.

Visa said on April 28 that it has entered a partnership with stablecoin infrastructure provider WeFi, aiming to close the "last mile" gap in bringing secure on-chain payments and banking services to end users. WeFi was co-founded by Reeve Collins, a former co-founder of Tether. The company positions its platform as a coordination layer linking decentralized finance (DeFi) with regulated payment rails, targeting applications including cross-border consumer spending and on-chain value storage. In an interview, Collins said WeFi is upgrading its core infrastructure and plans to offer users bank-account-like services, including individual IBAN numbers. He added that the firm is pursuing the required operating licenses across multiple jurisdictions. Collins said the platform expects to expand partnerships with banks and financial institutions as it scales, with a focus on serving underserved populations globally. The rollout will be phased by region, starting in selected markets across Europe, Asia and Latin America. Further expansion will hinge on local regulatory approvals and issuer partnerships.

Ripple has rolled out a corporate treasury offering designed to give companies greater flexibility in how they settle payments and manage liquidity. Video game designer Chad Steingraber, commenting in a recent post on X, said corporate treasury functions often operate like internal banks, centralizing financial activity to improve profitability. Steingraber said Ripple's approach could materially shorten employee settlement timelines, potentially moving from up to two weeks to daily payments. Corporate treasury teams typically consolidate cash, liquidity, and risk management to optimize financial performance; he added that Ripple's system is positioned to support real-time settlement using digital assets. The platform is intended to cover functions including cash monitoring, cross-currency liquidity optimization, risk mitigation, real-time visibility, forecasting, and automation. Ripple introduced the treasury management system about a month ago, positioning it as a way for CFOs to view fiat and digital liquidity in real time within a single interface, without separate platforms or reconciliation workflows. Ripple said treasury teams can view, hold, receive, and manage both fiat and digital liquidity on one platform, without separate custody relationships, parallel systems, or manual reconciliation. The solution runs on GTreasury, which Ripple said it acquired in October 2025 in a deal valuing the business at $1 billion. At the time of the launch, GTreasury served corporate treasury teams from small and midsize enterprises to Fortune 500 companies and processed $13 trillion in payment volume in 2025. XRP supporters have framed the treasury product as a meaningful step for broader adoption and utility across both crypto and mainstream finance. TradingView data showed XRP remained in a prolonged sideways trend, indicating possible accumulation. The token was last cited trading at $1.38, down 4.75% over less than 48 hours in a two-day decline. Disclaimer: This content is for informational and educational purposes only and does not constitute financial advice. Coin Edition is not responsible for losses resulting from the use of any content, products, or services mentioned. Readers should exercise caution before taking actions related to the company.