Updated:05:43 PM EST Feb 25


this is ggmania.com subsite Ripple: Jed McCaleb dumps 40 million XRP - TechAmok

Ripple: Jed McCaleb dumps 40 million XRP - [briefly]
05:39 PM EST - Feb,11 2021 - post a comment

According to data from XRPscan, in the past two days, co-founder of Ripple, Jed McCaleb moved roughly 40 million XRP from his "tacostand" wallet, which was named and activated when McCaleb was still working with Ripple. The former tech chief is very active when it comes to selling his XRP; a fact earlier noted by the Whale Alert team. As of December last year, McCaleb's estimated total XRP holdings sales were $1.2 billion - at $0.20 per XRP. Over the years, his combined totals for XRP sold for USD are 2.25 billion XRP or $546 million.

In addition, the crypto tracking business found more than 90,000 transactions last year and tracked around 8 billion XRP moved between Ripple, a settlement account, and McCaleb's personal accounts. It should be noted that ever since the exec departed Ripple, the firm has been transferring significant amounts of XRP to McCaleb's wallet as part of the settlement agreement that compensates him for his role as founder. However, last year in December a pointed out that McCaleb stopped selling his XRP on 24 December, a day after the SEC lawsuit against Ripple became public. McCaleb resumed selling XRP in January. His wallet now shows a balance of 499,599,172.60537 XRP in total. At press time, XRP was trading at $0.52 and registered a 6% hike in price in the past 24 hours.


Short overview of recent news articles

Three Arrows Capital CEO Says Bitcoin Could Hit $2,500,000 (Feb,25 2021 )

Motorcyclist Collides With Car (Feb,25 2021 )

Denuvo Cracker EMPRESS "Arrested" (Feb,24 2021 )

eToro down as crypto, global equities turn volatile (Feb,24 2021 )

AMD Releases Radeon Software 21.2.3 Drivers (Feb,23 2021 )

Massive Bitcoin Whale Transactions Move More Than $1,9T in Crypto (Feb,23 2021 )

Institutional Bitcoin Investors Briefly Lose $13 Billion in Market (Feb,22 2021 )

MoneyGram Drops Ripple Citing SEC Lawsuit (Feb,22 2021 )

Perseverance Rover's Descent and Touchdown on Mars (Feb,22 2021 )

Engineer Demonstrates How To Pull Off The 'Sitting In the Air (Feb,22 2021 )

Michael Burry Issues Warning on Future of Bitcoin and Gold (Feb,22 2021 )

Two Whales Just Withdrew a Billion Dollars From Coinbase (Feb,22 2021 )

AMD releases statement regarding USB problems on 500-series chipset (Feb,22 2021 )

Ripple now registered as a Wyoming business (Feb,21 2021 )

Pfizer vaccine doesn't need ultra-cold storage after all, company (Feb,21 2021 )

Samsung Adds New Features to Older Galaxy Phones (Feb,21 2021 )

Ripple XRP to +$1000 In 2021?? Warren Baffet predicts the future! (Feb,21 2021 )

Another Weekend, Another All-Time High: Bitcoin Hits $57k (Feb,21 2021 )

NVIDIA GeForce RTX 3060 Anti-Mining Feature (Feb,21 2021 )

Mortal Kombat 2021 - Official Trailer (Feb,20 2021 )

Dad Level: 9000 (Feb,20 2021 )

Ripple Is Working With Central Banks To Develop Digital Assets (Feb,19 2021 )

Bill Gates Says He's Neutral On Bitcoin (Feb,19 2021 )

SEC files amended complaint against Ripple - Hogan's legal take (Feb,19 2021 )

NASA successfully lands Perseverance rover on Mars (Feb,19 2021 )

Android 12 release date (Feb,18 2021 )

Some of these crypto projects aren't even trying to look legit (Feb,18 2021 )

Epic Cycling on Ice (Feb,18 2021 )

Debunking Can you make ICE in a microwave? (Feb,18 2021 )

New York Files Fraud Charges Against Crypto Firm Coinseed (Feb,18 2021 )

Disney's Cruella - Official Trailer (Feb,17 2021 )

Coinbase, Readying for Public Listing, Gets $77B Valuation (Feb,17 2021 )

Bullish Coinbase Premium Returns as Bitcoin Reaches $51,400 (Feb,17 2021 )

The Claudia Conway Audition From 'American Idol' (Feb,16 2021 )

Bitcoin Price Breaks $50,000 Barrier (Feb,16 2021 )

Chinese GPU miners reportedly bulk buying Nvidia laptops to mine (Feb,15 2021 )

NVIDIA Confirms Specs of the GeForce RTX 3060 "Ampere" (Feb,15 2021 )

Bitcoin Miners Now Earn 1 BTC in Fees Per Block (Feb,15 2021 )

Google Photos Gains New Video Editor, Plus Extra Features (Feb,14 2021 )

Nvidia is About to Relaunch the GTX 1050 Ti & RTX 2060 ti (Feb,13 2021 )

Indoor Air Expert Tests The Most Popular Air Purifiers (Feb,12 2021 )

Visualizing Herd Immunity (with 500 Mousetraps!) (Feb,12 2021 )

BitPay Now Supports Apple Pay (Feb,12 2021 )

Black Swan Author Nassim Taleb Dumps Bitcoin (Feb,12 2021 )

Samsung to Build $17 Billion Silicon Manufacturing Plant in the US (Feb,12 2021 )

AMD Radeon 21.2.2 Adrenalin driver (Feb,11 2021 )

Ripple: Jed McCaleb dumps 40 million XRP (Feb,11 2021 )

Bitcoin Miners Earn Record $4 million in 1 Hour (Feb,11 2021 )

PayPal's Crypto Payments Are Coming to the UK This Year (Feb,11 2021 )

Mastercard to Support Cryptocurrency Payments in 2021 (Feb,10 2021 )

>> News Archive <<

TechAmok - Privacy Policy        loading time:0.01secs