According to data provided by Jed Balance, a website dedicated to tracking Jed McCaleb's XRP balance, the Ripple co-founder and former CTO now has less than 114 million XRP left in his wallet.

   "We are now officially at less then 1 month until Jed McCalebs taco stand account is empty of $XRP."

jedbalance

According to reports, McCaleb started working on Ripple in 2011 and was a member of the company's founding team when it launched in 2013. He was given 8 billion XRP for his work on creating and launching OpenCoin. He left in 2014 to focus on Stellar (XLM). McCaleb has stated in the past that he plans to sell the funds he receives on a set schedule. Since then, he has occasionally sold XRP.

According to the website that tracks the balance of the former Ripple CTO, Jed McCaleb currently has 110,871,334 XRP left in his wallet. It's expected to run out in 28, 26, or 30 days, depending on how fast you sell that amount. The first option requires it to dump 3,718,395 XRP every week, the second requires it to sell an average of 4,033,827 XRP every month, and the third is possible provided McCaleb sells an average of 3,523,447 XRP every three months. However, it seems that the website is showing its current balance and does not take into account how much XRP Ripple still owes its former CTO.

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* XRP Price Chart (XRP/USD)

XRP price was recorded as $0.363 at the time of writing, according to CoinGecko data. XRP's last 24-hour trading volume was $723,793,822. XRP price is up 0.5% in the last 24 hours. There is a circulating supply of 48 Billion XRP coins, with a total supply of 100 Billion coins. XRP hit an all-time high price of $3.40 on Jan 07, 2018. XRP price is hovering around 90% lower than ATH price.