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

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.

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

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.

Former Ripple executive joins Australian Ripple-powered FlashFX

Former Ripple big-name Dilip Rao, who was in charge of infrastructure innovation until December 2019, has tweeted that he has joined the FlashFX platform team as an advisor.

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.