Half Billion XRP Sold by Jed McCaleb Since January: Details - Aliens: AI Crypto News & Markets Updates
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Half Billion XRP Sold by Jed McCaleb Since January: Details

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U.Today

Tue, May 24, 2022

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Co-founder of Ripple Labs and its first chief technology officer Jed McCaleb , who suspended selling his XRP coins in September last year, has resumed dumping large amounts of XRP on the crypto market, as per XRPscan .

Over the past three days, he has increased the selling volume by roughly 140%, selling almost nine million XRP per day, while prior to that it was from four to six million daily, as Twitter user Rafael Ken Aguilar pointed out.

He believes that should this selling rate remain, McCaleb would be out of XRP in roughly one month.

pic.twitter.com/lezuTAxYFl May 24, 2022 As per XRPscan, a total of 249,200,734 XRP still remain in Jed's wallet, called "tacostand." A website created by the XRP community to trace McCaleb's sales rate shows a figure that is slightly bigger: 257,858,264 tokens.

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