Chris Larsen Jed Maccaleb Ripple XRP Altcoin Chris Larsen Jed Maccaleb

After 8 years dumping billions of XRP, Jed McCaleb's stack runs out in weeks

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Former Ripple Labs founder Jed McCaleb is nearing the end of his eight-year XRP dump marathon, with only 81.53 million XRP (worth $26.55 million), remaining in his wallet’s balance.According to Jed Balance, a website tracking his XRP holdings, McCaleb’s wallet name “tacostand” has been shedding an average of 4.06 million XRP over the last month but has ramped up daily transfers to 7.34 million XRP (worth $2.39 million), since Sunday, June 26.

At the current rate of selling his wallet may be depleted within the next two to three weeks to the delight of the crypto community.

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