{"id":64509,"date":"2022-07-18T10:49:56","date_gmt":"2022-07-18T07:49:56","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=64509"},"modified":"2025-09-06T14:52:16","modified_gmt":"2025-09-06T11:52:16","slug":"ripple-co-founder-liquidated-his-xrp-holdings","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/ripple-co-founder-liquidated-his-xrp-holdings\/","title":{"rendered":"Ripple co-founder liquidated his XRP holdings"},"content":{"rendered":"<p>On July 17, Ripple co-founder and former chief technology officer Jed McCaleb liquidated 1.1 million XRP, presumably ending the sale of 9 billion tokens held by him.<\/p>\n<p>As of writing, the tacostand wallet tracked by the community holds 46.7 XRP.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh6.googleusercontent.com\/MqUDPjwoeLACTaKND520DdiX6BvCnDxsdmaauAsPXP2SKRt5IIIiBNr4I4iAvbQokHkUCoh1sjJEQehlk6IzgL_3AXdy8kN1Au4fK7AXx8_H-9JSiTvPr52C1MDwnDbsxmiohmMQgyyWxllIvTJccxc\" alt=\"\u0421\u043e\u043e\u0441\u043d\u043e\u0432\u0430\u0442\u0435\u043b\u044c Ripple \u043b\u0438\u043a\u0432\u0438\u0434\u0438\u0440\u043e\u0432\u0430\u043b \u043f\u0440\u0438\u043d\u0430\u0434\u043b\u0435\u0436\u0430\u0449\u0438\u0435 \u0435\u043c\u0443 \u0430\u043a\u0442\u0438\u0432\u044b \u0432 XRP\"\/><figcaption>Data: <a href=\"https:\/\/xrpscan.com\/account\/rEhKZcz5Ndjm9BzZmmKrtvhXPnSWByssDv\">XRP Scan<\/a>.<\/figcaption><\/figure>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u00abOnly 40 XRP left; now you can own more coins than Jed\u00bb, the authors of the Twitter channel JedTacostand quipped.<\/p>\n<\/blockquote>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">XRP address: rEhKZcz5Ndjm9BzZmmKrtvhXPnSWByssDv<\/p>\n<p>17th July 2022<br \/>\u2014 1.109M<br \/>Available: 40.33<br \/>40 XRP left, you all now have more XRP than JED \ud83c\udf7b<br \/> <a href=\"https:\/\/t.co\/FFQN1udLtw\">pic.twitter.com\/FFQN1udLtw<\/a><\/p>\n<p>\u2014 Jed\u2019s Tacostand (@JedTacostand) <a href=\"https:\/\/twitter.com\/JedTacostand\/status\/1548751973729636353?ref_src=twsrc%5Etfw\">July 17, 2022<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh3.googleusercontent.com\/5BvhNMg8NgN8xJyqCQrIdxblG8ysSz_3xMYY0r_2TuRXVDiYxL2YWYN5ZlsNbM9Y4y1IkUX4Rj483xkSaaHWFPSuAznbAO_CZ3OHPnsaB6PIm8ZqThInHdU1rFO3tQ05cAkfU3VbAQ029zCrDT36uyc\" alt=\"\u0421\u043e\u043e\u0441\u043d\u043e\u0432\u0430\u0442\u0435\u043b\u044c Ripple \u043b\u0438\u043a\u0432\u0438\u0434\u0438\u0440\u043e\u0432\u0430\u043b \u043f\u0440\u0438\u043d\u0430\u0434\u043b\u0435\u0436\u0430\u0449\u0438\u0435 \u0435\u043c\u0443 \u0430\u043a\u0442\u0438\u0432\u044b \u0432 XRP\"\/><figcaption>Data: XRP Talk forum from the <a href=\"https:\/\/web.archive.org\/web\/20150418092231\/https:\/\/xrptalk.org\/topic\/2629-selling-my-xrp\/\">\u0438\u043d\u0442\u0435\u0440\u043d\u0435\u0442-\u0430\u0440\u0445\u0438\u0432\u0430<\/a>.<\/figcaption><\/figure>\n<p>On July 15, the humorous publication <a href=\"https:\/\/cryptotowncrier.com\/jed-mccaleb-decides-to-not-sell-his-last-5-million-xrp-just-in-case-it-moons\/\">CTC News<\/a> published an allegedly interview with McCaleb, according to which he decided to hold the last 5 million XRP \u201cjust in case\u201d it moons.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u00abIf you think about it, it would be very foolish to sell all of this. I mean, what if it really costs $589 per token? I could be RICH!\u00bb, the quote was attributed to him, and some believed it.<\/p>\n<\/blockquote>\n<p>The next day McCaleb liquidated 4.2 million XRP.<\/p>\n<p>Whale Alert tracked his aggregate eight-year selling of 5.7 billion XRP for about $3.1 billion (at an average price of $0.55).<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p>\u2139\ufe0f With his last <a href=\"https:\/\/twitter.com\/hashtag\/XRP?src=hash&#038;ref_src=twsrc%5Etfw\">#XRP<\/a> sale in sight we decided to update our research on Jed McCaleb\u2019s <a href=\"https:\/\/twitter.com\/hashtag\/Ripple?src=hash&#038;ref_src=twsrc%5Etfw\">#Ripple<\/a> fortune. Check it out to see how much co-founding a blockchain is worth!<a href=\"https:\/\/t.co\/oYfzbcAdYG\">https:\/\/t.co\/oYfzbcAdYG<\/a><\/p>\n<p>\u2014 Whale Alert (@whale_alert) <a href=\"https:\/\/twitter.com\/whale_alert\/status\/1548676131469070336?ref_src=twsrc%5Etfw\">July 17, 2022<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>As of writing, the token trades near $0.36. Over the last 24 hours the asset rose 2.4%, over the week the price rose 11.7% (<a href=\"https:\/\/www.coingecko.com\/\">CoinGecko<\/a>).<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh6.googleusercontent.com\/tvTw8Gpy1CiCR-DuC7D0uX8oPE0r_oWGw2iXRGGz608bwgpKV-Wz6ChNLPRugGYAF-ZtrDVxQLDeAQl6jQJCyuXs0zGeKX_1Xhp76v5C5LMN7JDpNPTAkoRAmBNlybd8LFOtN3WGCpRJJlXdO2o\" alt=\"\u0421\u043e\u043e\u0441\u043d\u043e\u0432\u0430\u0442\u0435\u043b\u044c Ripple \u043b\u0438\u043a\u0432\u0438\u0434\u0438\u0440\u043e\u0432\u0430\u043b \u043f\u0440\u0438\u043d\u0430\u0434\u043b\u0435\u0436\u0430\u0449\u0438\u0435 \u0435\u043c\u0443 \u0430\u043a\u0442\u0438\u0432\u044b \u0432 XRP\"\/><figcaption>Data: CoinGecko.<\/figcaption><\/figure>\n<p>In December 2020, after the U.S. Securities and Exchange Commission filed <a href=\"https:\/\/forklog.com\/en\/news\/sec-files-suit-against-ripple\">a lawsuit against Ripple<\/a>, McCaleb <a href=\"https:\/\/forklog.com\/en\/news\/ripple-co-founder-sold-28-6-million-xrp-for-the-first-time-since-the-sec-lawsuit\">paused XRP sales<\/a> for almost a month.<\/p>\n<p>Read ForkLog&#8217;s Bitcoin news in our <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">Telegram<\/a> \u2014 cryptocurrency news, prices and analytics.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On July 17, Ripple co-founder and former CTO Jed McCaleb liquidated 1.1 million XRP, presumably ending the sale of 9 billion tokens in his possession.<\/p>\n","protected":false},"author":1,"featured_media":64510,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1783,112],"class_list":["post-64509","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-jed-mccaleb","tag-ripple"],"aioseo_notices":[],"amp_enabled":true,"views":"50","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/64509","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=64509"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/64509\/revisions"}],"predecessor-version":[{"id":64511,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/64509\/revisions\/64511"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/64510"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=64509"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=64509"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=64509"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}