McCaleb started working at Ripple in 2011 and was a founding member of the company when it officially launched in 2013. He was awarded 8 billion XRP for his key founding role in the creation and startup. OpenCoin was later renamed Ripple, despite leaving it in 2014 to found rival Stellar (XLM).
Jed McCaleb once stated that he would sell the XRP he received according to a set schedule. Since then, he has steadily “discharged”. McCaleb currently has 110,871,334 XRP left in his wallet, according to Jed Balance.
Jed McCaleb expects to sell off XRP in 26, 28, or 30 days, depending on how quickly he sells. The first option requires him to sell 3,718,395 XRP per week, the second option requires an average sale of 4,033,827 XRP per month, and the third option is doable provided McCaleb sells an average of 3,523,447 XRP every three months.
However, it seems that the website only shows the current balance and does not count how much XRP Jed McCaleb can receive.
At the time of writing, XRP trades at $0.3646, down 1.49% in 24 hours and up 15.42% on the week.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join CoinCu Telegram to keep track of news: https://t.me/coincunews
Follow CoinCu Youtube Channel | Follow CoinCu Facebook page
Harold
CoinCu News
Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) dominate the crypto market, but experts warn that…
Discover the future as the Dogecoin price aims for a $0.7 comeback and discover why…
Willemstad, Curaçao, 4th November 2024, Chainwire
London, UK, 4th November 2024, Chainwire
November is the perfect time for BlockDAG's huge presale. Use BDAG100 to double your purchase.…
OpenSea new version is scheduled to launch in December, with an improved user experience, improved…
This website uses cookies.