Researcher Martin Valk has shared a link to the website dedicated to the regular lumps of XRP that Jed McCaleb has been receiving from Ripple since 2013 as part of their settlement agreement.
Data on the webpage shows that the estimated time to go before McCaleb runs out of his XRP for good is almost two months, or 59 days.
This makes it Aug. 3 since McCaleb sells XRP on the weekends as well.
As reported by U.Today earlier, on June 3, Jed received over 408 million XRP from Ripple. He also sold almost half a billion XRP in May and in the first four days of June.
Yuri MolchanEvery week, the amount of XRP sold daily has been changing. This week, it has been 16,353,884 XRP.
Thus, in May and June so far, Jed has sold $430,336,399 worth of XRP. The overall amount of XRP McCaleb was granted initially by Ripple in 2013 was nine billion coins.
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
Arman Shirinyan
Dan Burgin
Vladislav Sopov