Ripple founder transfers 26 million XRP to Coinbase

ChainCatcher news, according to Decrypt, blockchain data shows that Ripple co-founder and executive chairman Chris Larsen transferred a total of $26 million worth of XRP to Coinbase in four batches this week, with each batch consisting of 2 million XRP.

In addition, over $40 million worth of XRP was transferred to an unknown address this Thursday. In January of this year, Larsen transferred 10 million XRP to Coinbase.