The transferred funds valued at more than $26M. McCaleb is currently the CTO and founder of Stellar Lumens. Jed McCaleb, the founder and ex-CTO of Ripple, is mass dumping his XRP tokens onto the market from the past two years. Earlier, the Wall Street Journal had reported that McCaleb was selling 40,000 XRP each day. Recently, a large sum of 100,000,000 XRP ($26.3M) was received by McCaleb to his wallet. This could bring back the mass-selling into the picture again which had descended in 2019. McCaleb’s purpose of accumulating hefty revenue from his mass-selling is still not known. He is the CTO and founder of Stellar Lumens, Ripple’s competitor, and founder of Mt.Gox, the infamous Bitcoin exchange. The 100m XRP will undoubtedly be launched in the market, but the time of its launch is uncertain. The start could be upsetting for the XRP holders as the cryptocurrency has not been the best performer recently. . FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next Gold technical analysis: Bearish bias strengthens with drop to one-month lows FX Street 4 years The transferred funds valued at more than $26M. McCaleb is currently the CTO and founder of Stellar Lumens. Jed McCaleb, the founder and ex-CTO of Ripple, is mass dumping his XRP tokens onto the market from the past two years. Earlier, the Wall Street Journal had reported that McCaleb was selling 40,000 XRP each day. Recently, a large sum of 100,000,000 XRP ($26.3M) was received by McCaleb to his wallet. This could bring back the mass-selling into the picture again which had descended in 2019. McCaleb's purpose of accumulating hefty revenue from his mass-selling is still not known. He… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.