Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => XRP - Ripple Forum => Other Popular Cryptos / Coins => Ripple News & Updates => Topic started by: Btceth01 on May 21, 2021, 08:49:21 PM
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Figures shared by the XRPscan platform show that over the past twenty days, Jed McCaleb, who built Ripple with Chris Larsen, has moved an amount close to 265 million XRP from his electronic address to sell.
Meanwhile, he has almost 400 million XRP remaining in his “tacostand” wallet and, according to Forbes, his net worth has shrunk 27 percent recently.
McCaleb moves 265 million XRP in batches
XRPscan shows that since May 2, after receiving 442,127,865 XRP from a Ripple address, Jed McCaleb has made twenty transfers, carrying 10 million, 13.4 million and 17.3 million XRP.
Last week, the Ripple co-founder dumped 80.4 million XRP (six transfers, 13,398,341.010000 XRP each), this week, he has been selling 10,008,592.270000 XRP daily and has moved a total of slightly over 60 million tokens.
At the moment, McCaleb has 399,263,523.855929 XRP left in “tacostand”. That roughly equals $449,116,308 at the current exchange rate of $1.12 (data taken from CoinMarketCap).[Source/url] (https://cryptonews.net/679572/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared)