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

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Fri, 4/06/2021 - 12:06
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.

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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.

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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.

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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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