Ripple Labs Wins Rare Award in Payments Technology, Ethereum Whales Cash out As ETH Price Drops, XRP Triggers 125% Volume Surge Amid Market Crash: Crypto News Digest by U.TodayRipple Labs hits rare win in payments technology, the company was awarded in two categories: Best Cross-Border Payments Platform and Best DeFi Infrastructure Platform.
As reported by CoinGlass, within the previous 24 hours, traders liquidated positions totaling $120 million, with 85% of them being long positions, indicating a wave of sell-offs and profit-taking among investors. The increasing cash-outs by ETH whales during the price decline causes concern regarding the future trajectory of Ethereum and the broader crypto market.in trading volume. Per data provided by CoinMarketCap, yesterday, XRP showed 138% growth in 24-hour trading volumes, totalling $3.