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Massive Amounts of XRP on The Move

Whale Alert, the popular crypto tracking service that shares the details of large crypto transactions on its Twitter page, has spotted several major transfers. It tweeted that, in the past 17 hours, the Ripple behemoth has moved several eye-popping XRP stashes, one of which was sent to Jed McCaleb’s wallet.

What we do know, is the funding wallet that was being used to send XRP to Jed’s wallet has officially run out! Jed currently has right around 800 Million XRP left in his wallet.Β  If the XRP price reamins around $1.20 we will see Jeds accounts fully depleted by Novemeber 2021.

He is one of the co-founders of Ripple and was the company’s first chief technology officer but stayed on in that position for only about a year.

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