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Ripple Helps Move 258.7 Mln XRP with Coinbase Pro and Other Major Players

Tue, 23/06/2020 - 9:57
XRPL Monitor has detected a whopping 258.7 mln XRP transferred by anonymous wallets and major crypto exchanges. The blockchain giant Ripple moved one third of that amount.
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 Ripple Helps Move 258.7 Mln XRP with Coinbase Pro and Other Major Players
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The Twitter bot XRPL Monitor has reported around a dozen transactions bearing several lumps of 80 mln XRP and 24 mln XRP, along with much smaller ones.

A total amount of 258.7 mln XRP has been transferred with the blockchain decacorn Ripple joining in just a few hours ago to send 80 mln XRP.

Almost 260 mln XRP transferred by Ripple, Coinbase Pro, Binance

A mammoth-sized amount of XRP – 258.7 mln – has been wired by various major players of the crypto world. In fiat this sum equals $48,770,431.

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The biggest of them is the blockchain giant Ripple, who transferred 80 mln XRP ($15,081,695) to the crypto custodial service BitGo.

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Image via Twitter, Bithomp

The major crypto exchange Coinbase Pro, Binance and again BitGo also took part in moving the rest of the 258 mln XPR.

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The Australian payments company FlashFX runs on RippleNet and at the moment is seeking a $5 mln investment to expand from B2C services to B2B.

At the moment, FlashFX is negotiating with potential investors among VC funds, offering them a stake in the company in return for their financial support.

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