By The Numbers: How Much Jed McCaleb Earned For Selling His XRP Since 2014

By The Numbers: How Much Jed McCaleb Earned For Selling His XRP Since 2014

Ripple co-founder Jed McCaleb has finally unloaded his XRP on the market. McCaleb has been dumping the cryptocurrency since 2014 when he obtained 9 billion as compensation for his work in the payment company. Related Reading | Bitcoin Is ‘Here to Stay,’ Ex-BlackRock Investment Adviser Says – Better Than Gold? McCaleb parted ways with Ripple in […]


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Jed McCaleb’s Ripple Stash Down to 81 Million — Co-Founder’s XRP Cache Likely...

After selling billions of xrp tokens since 2014, the former Ripple Labs executive Jed McCaleb only has 81.53 million xrp left to sell. In mid-February 2021, it was expected that McCaleb’s stash would run dry that year in May. However, the selling took much longer, but today’s data shows there’s only $26 million worth left. Data Shows Jed McCaleb’s Ripple Stash Nears the Bottom of the Barrel With $26 Million in Coins Left to Sell It has been known for quite some time that the co-founder of Ripple Labs, Jed McCaleb, has held billions of xrp (XRP)....

Jed McCaleb Sells $22 Million Worth of XRP, Ripple Cofounder’s Stash Could Ru...

During the last few weeks, the former Ripple executive Jed McCaleb has reportedly been selling millions of XRP tokens and every sale has been monitored by the public. On Sunday, McCaleb dumped another 38 million XRP worth $22 million after selling 95 million XRP last week worth $56 million today. Ripple Cofounder Sells 38 million Coins on Valentine’s Day The cofounder and former Ripple executive, Jed McCaleb has been a topical conversation in recent days since the founder has been selling a lot of XRP. News.Bitcoin.com has been covering a number of McCaleb’s XRP sales in....

Jed McCaleb, Ripple Labs Strike Deal to Avoid 9 Billion XRP Sell-Off

Ripple Labs has reached an agreement that will prevent original co-founder Jed McCaleb from selling 9bn XRP - the portion of the protocol's native currency he was awarded for starting the company - this year. The open-source payment network provider issued the announcement in a blog post penned by director of communications Monica Long. The post said that McCaleb, who recently launched his new project Stellar, had agreed to a distribution timeline that will block him from selling more than a specific amount of XRP each year over the next seven years. Under the terms of the plan, McCaleb....

Price of Ripple Plummets as Co-Founder Plans 9 Billion XRP Selloff

Ripple Labs co-founder Jed McCaleb has announced his intention to sell his sizable stake in the company's native digital currency. Known as ripples, or XRP, the currency was created as a unit of account and spam prevention tool within the Ripple Labs payment network. In a post on XRP Talk forum, entitled 'Selling my XRP', McCaleb made his intentions known: "I plan to start selling all of my remaining XRP beginning in two weeks. Because I have immense respect for the community members and want to be transparent, I'm publicly announcing this before I start." Price drop. In contrast to the....

After 8 years dumping billions of XRP, Jed McCaleb's stack runs out in weeks

Jed McCaleb, the former co-founder and CTO of Ripple Labs has mere weeks left until his XRP balance reaches zero. Former Ripple Labs founder Jed McCaleb is nearing the end of his eight-year XRP dump marathon, with only 81.53 million XRP (worth $26.55 million), remaining in his wallet’s balance.According to Jed Balance, a website tracking his XRP holdings, McCaleb’s wallet name “tacostand” has been shedding an average of 4.06 million XRP over the last month but has ramped up daily transfers to 7.34 million XRP (worth $2.39 million), since Sunday, June 26. At the current rate of selling his....