2 years ago
Last month, it was reported that the co-founder of Ripple, Jed McCaleb was adjacent to emptying his xrp wallet that held 81 cardinal tokens worthy $26 million. Following a transaction that saw 3,898,451 xrp transferred retired of the address, McCaleb’s wallet is present adjacent to being bare arsenic there’s lone 47.6912 xrp worthy $17 stored successful the wallet today.
Ripple Co-Founder Jed McCaleb Empties the Notorious ‘Tacostand’ Wallet
Onchain data shows the xrp (XRP) wallet called “Tacostand,” is present adjacent to being bare arsenic the owner, Jed McCaleb, has seemingly transferred his full stash retired of the wallet. McCaleb is good known successful the crypto manufacture for co-founding Ripple and successful 2014 helium near the institution to commencement the task Stellar successful 2014.
However, it was good known that aft McCaleb near helium held astir 9 cardinal XRP and helium was allowed to merchantability oregon transportation the funds nether circumstantial withdrawal conditions.
Almost determination 🌮 pic.twitter.com/SdstUD4Kzc
— Jed McCaleb (@JedMccaleb12) June 29, 2022
It is estimated that Jed McCaleb is 1 of the richest cryptocurrency influencers successful the abstraction and successful 2018, McCaleb was the 40th wealthiest individual successful the world, according to that year’s Forbes billionaires list.
When McCaleb was nearing the extremity of his XRP stash astatine the extremity of June with 81 cardinal near successful the wallet, helium tweeted astir being “almost there” with a taco emoji and a photograph of a edifice called the “Taco Stand.” At that time, the 81 cardinal XRP tokens were worthy $26 million. Following the Ripple co-founder’s tweet connected June 29, the wallet saw a fig of ample XRP transfers.
On that day, McCaleb moved 7,335,966 XRP worthy $2.69 cardinal retired of the wallet and the pursuing day, McCaleb took out different 7,335,966 XRP. The past transaction recorded was connected July 18, 2022, arsenic 3,898,451 XRP worthy $1.42 cardinal was removed from the notorious Tacostand wallet.
XRP has been trading for prices betwixt $0.343 to $0.367 per token connected July 18 and it is the seventh largest crypto marketplace headdress today. While XRP is up 14.1% during the past month, year-to-date metrics amusement XRP is down 37.1% against the U.S. dollar. Statistics amusement there’s a circulating XRP proviso of astir 48,343,101,197, which means McCaleb’s stash of 9 cardinal tokens represented 18.61% of XRP’s circulating supply.
What bash you deliberation astir the Ripple co-founder Jed McCaleb draining his infamous wallet called ‘Tacostand?’ Let america cognize what you deliberation astir this taxable successful the comments conception below.
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