XRPL monitor has detected 39.5 million XRP wired by Ripple and its former CEO Chris Larsen

According to XRPL Monitor, Ripple transferred 39.5 million XRP to former CEO Chris Larsen’s wallet. Meanwhile, Ripple co-founder Jed McCaleb, who left in 2013, is looking for another XRP.

Ripple has moved 39.5 million XRP

XRPL Monitor has spotted several juicy transactions, moving $ 11,112,798 worth of XRP. 14.5 million XRP was transferred to a wallet belonging to the former CEO Chris Larsen.

He also made two transactions, 7.5 million XRP each, to the Coinbase Pro exchange, most likely to secure some fiat cash for Ripple.


Source: Bithomp

Another 10 million XRP was sent from one Ripple wallet to another.

The former chief technical officer of the Blockchain giant, who once helped found Ripple, Jed McCaleb, continued to withdraw his XRP cash he received from Ripple as part of the settlement.

A short while ago, he sent a regular portion of 6.1 million XRP from his “tacostand” wallet to be exchanged for cash.

Earlier this week, the blockchain giant transferred another significant payment to its old CTO – 60 million XRP, or $ 17,360,558. Jed McCaleb has routinely sent his XRP amounts to exchanges; however, so far, he has withdrawn a relatively small amount without the possibility of affecting the XRP exchange rate.

Read more:

Follow us on Telegram

Follow us on Twitter

Follow us on Facebook

You might also like