McCaleb Empties XRP Wallet After 8 Years Selling off
After many months of waiting, Jed McCaleb finally emptied out the XRP wallet. The wallet contains a total of 18.6% of XRP’s circulating supply The price of XRP temporarily halted its recovery ahead of the Ripple June 7 hearing. According to blockchain researcher XRP Scan, Jed McCaleb emptied his last XRP wallet on May 19. The former Ripple CTO and co-founder had been gradually selling off his 9 billion XRP since 2014. At current prices, that would be worth over $2.6 billion. This sell-off had been a cause of concern for the XRP community. Many worried that it would put
