Ripple Co-Founder Transfers 20 Million XRP, Sparking Selloff Fears And Wallet...
An XRP wallet which likely belongs to Chris Larsen, one of the largest holders of XRP, has made another notable transaction in what looks like a preparation for a selloff. The transaction, which took place within the last 48 hours, triggered a series of subsequent transfers in the past 24 hours, ultimately connecting with the […]
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Last month, it was reported that the co-founder of Ripple, Jed McCaleb was close to emptying his xrp wallet that held 81 million tokens worth $26 million. Following a transaction that saw 3,898,451 xrp transferred out of the address, McCaleb’s wallet is now close to being empty as there’s only 47.6912 xrp worth $17 stored in the wallet today.
Ripple Co-Founder Jed McCaleb Empties the Notorious ‘Tacostand’ Wallet
Onchain data shows the xrp (XRP) wallet called “Tacostand,” is now close to being empty as the owner, Jed McCaleb, has....
In an interesting turn of events, the January 2024 theft of 283 million XRP (worth approximately $150 million at current market price) from the wallet of Ripple co-founder Chris Larsen has been linked to the security breach of password manager LastPass. This discovery was recently made public by prominent blockchain investigator ZachXBT. How Did The […]
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....
XRP Scan shows the former Ripple founder’s “Tacostand” wallet has only $16 worth of XRP left at the time of writing. Former Ripple Labs founder Jed McCaleb has finally ended the eight-year dump of his XRP holdings, leaving only 46.7 XRP left sitting in his famed “~tacostand” wallet. According to blockchain explorer XRP Scan, the former Ripple founder executed his last outgoing XRP transfer of 1.1 million XRP (worth $394,742.18) at 6:31 am (UTC) on July 17. Hours later, the account listed an “ACCOUNT DELETE” transaction, meaning the account will no longer exist on XRP’s ledger.The....
With a huge 150 million XRP transfer to an unknown wallet, Ripple Labs has rocked the crypto scene. Based on on-chain tracker Whale Alert, the transaction—worth more than $85 million—has left many in the crypto community guessing about Ripple’s gameplan. Related Reading: Blazing Solana: Analyst Foresees Nearly 700% Price Explosion Ripple has been sending XRP into this wallet before, which begs questions about what the payment behemoth would do going forward. That is quite timely, considering rumors about an XRP Exchange-Traded Fund (ETF) are rife. The recent announcement by Grayscale....