Ripple’s founder stops dumping his XRP bag from second half of January 2019

Jed McCaleb, the current XRP opponent and the co-founder of Ripple has stopped dumping his bag of XRP since January 22, 2019.

The legal contract between Ripple and Jed McCaleb stated that he could dump XRP as per the stipulated percentage of the daily volume of XRP. As per details obtained from Bithomp, McCaleb’s account shows that it has stopped dumping XRP since January 22, 2019.

Moreover, it can be seen that the total available balance in the wallet [rLkMJhSVwhmummLjJPVrwQRZZYiYQhVQ1A] at the time of writing was 29.99 XRP [worth $84.24]. Jed McCaleb’s XRP wallet is named “tacostand”.

The last transaction that took place on January 22, 2019, and a total of 2,167,000 XRP [worth $683,254.70] were dumped with a total fee of 0.000012 XRP. The next significant dump was seen on January 11, 2019, where a total of 134,482.49 XRP [worth $46,222] was dumped on January 11, 2019.

Reference: https://ambcrypto.com/ripples-founder-stops-dumping-his-xrp-bag-from-second-half-of-january-2019/

Share this: