Ripple Co-founder Sold 54 Million XRP in April
Jed McCaleb, who is the co-founder of Ripple, sold over 54 million XRP within April.
As TheCryptoAssociate states in accordance with the data from McCaleb’s known addresses, Jed McCaleb was selling XRP tokens that he owned regularly during the previous month. According to the available data, the wallet address that Ripple co-founder supposedly has been using in order to sell XRP tokens, got an average of 1.8 million XRP tokens on a daily basis during the last month. In total, the sold XRP tokens amount within the last month by Jed McCaleb were 54,215,405. It is worth noting that McCaleb and his family originally owned approximately 7 billion XRP.
Jed McCaleb has played a significant role in the entire crypto industry. He has also been the co-founder of Stellar as well as developed the Mt. Gox exchange. He also was the co-founder of OpenCoin, which became Ripple.
At the writing time, Ripple’s XRP is traded at $0.215 (CMC), with the 24H trading volume of around $2.3 million.
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