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Here’s How Soon Jed McCaleb Is to Run Out of XRP: Report

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Fri, 06/04/2021 - 12:06
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Yuri Molchan
A researcher and XRP fan has shared the estimated time when Ripple co-founder and its former CTO will run out of his XRP holdings for good
Here’s How Soon Jed McCaleb Is to Run Out of XRP: Report
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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.

jedXRPrunout0406
Image via jed.tequ.dev

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.

Related
453 Million XRP Sold by Jed McCaleb in May: XRPscan Data

Every 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.

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About the author

Yuri is a crypto journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. ‘Hodls’ major cryptocurrencies and has written for multiple crypto media outlets. 

His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.

Currently Yuri is a news writer at U.Today and can be contacted at yuri.molchan@u.today.