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

source-logo  u.today 04 June 2021 12:28, UTC

A researcher Martin Valk has shared a link to the website dedicated to Jed McCaleb’s regular sales of the XRP he has been receiving from Ripple on a regular basis as part of their settlement agreement since 2013.

Data on the webpage says that the estimated time to go before McCaleb runs out of his XRP for good is almost two months – 59 days.

jedXRPrunout0406

That makes it the August 3, since McCaleb sells XRP at weekends as well.

As reported by U.Today earlier, on June 3 Jed received over 408 million XRP from Ripple. He has also sold almost half a billion XRP in May and the first four days of June.

Every week, the amount of XRP sold daily has been changing. This week, it has been 16,353,884 XRP.

Thus, in May and in 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 9 billion coins. 

u.today