Rpple $XRP first chief technology officer JED MCCALEB sold 111 million XRP from his crypto wallet.
Jed, who helped Chris Larsen found OpenCoin, which was later rebranded as Ripple Labs ($XRP), has sent $177,045,654 worth of XRP from his tacostand wallet to be converted into fiat. It was reported that Jed, would be out of XRP completely by the end of the summer.
It is believed that Last week, he sold 18.5 million XRP per day. This week, McCaleb is expected to decrease his daily XRP sales to 17,301,056 coins; that is the amount he sold on May 2. TRANSACTION!!
Jed, is a co-founder and the CTO of Stellar. He is also known for creating Mt.Gox, a programmer, entrepreneur and the peer-to-peer eDonkey and Overnet networks as well as the eDonkey2000 application.