Ripple Co-founder Jed McCaleb Sold a Billion XRP and Has 4.7B Left
Cointelegraph
Published Feb 07, 2020 03:06AM ET
Updated Feb 07, 2020 04:42AM ET
Ripple Co-founder Jed McCaleb Sold a Billion XRP and Has 4.7B Left
Analysis by blockchain monitor Whale Alert suggests that Ripple co-founder Jed McCaleb sold off more than one billion XRP between 2014 and 2019.
In a Medium post published on Feb. 6, Whale Alert estimated that McCaleb has another 4.7 billion XRP left to sell, equating to around 5% of the total supply. At today’s prices, the hoard is worth more than one billion U.S. dollars, dwarfing the $135 million Whale Alert estimates he has made via XRP sales to date.
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Written By: Cointelegraph
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