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Ripple Co-founder Jed McCaleb Sold a Billion XRP!!!

Ripple Co-founder Jed McCaleb Sold a Billion XRP!!!

Blockchain monitor Whale Alert research shows that Jed McCaleb, the co-founder of Ripple, sold more than 1 billion XRP from 2014 to 2019!!! They published that information on 6th February on theirs Medium post.

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They also estimated that McCaleb has another 4.7 billion XRP left to sell which is around 5% of the total supply. At actual prices,  it is worth more than one billion USD! He sold another 19 million XRP, worth $5.4 million in January 2020.

 

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McCaleb is a key figure in the history of cryptocurrencies, having created the famous exchange Mt Gox, co-founded of Stellar (XLM), and also co-founded OpenCoin in 2012, which later became Ripple

 

In highly recommend You to read whole post with analysis created by Whale Alert: Medium post.

 

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