Jed McCaleb’s XRP bag is almost gone, Ethereum’s difficulty bomb delayed and FTX inks deal with BlockFi: Hodler’s Digest, June 26-July 2
2022.07.04 02:30
Jed McCaleb’s XRP bag is almost gone, Ethereum’s difficulty bomb delayed and FTX inks deal with BlockFi: Hodler’s Digest, June 26-July 2
After 8 years dumping billions of XRP, Jed McCalebs stack runs out in weeks
Ripple Labs co-founder and former chief technology officer Jed McCaleb is nearing the end of his eight-year-long XRP dumpathon. The former Ripple exec has been gradually shedding his stash of 9 billion XRP since his departure in 2014. As of June 30, McCaleb only had 81.53 million XRP worth $26.55 million remaining, much to the delight of die-hard Ripple supporters.
80,000 Bitcoin millionaires wiped out in the great crypto crash of 2022
The number of wallets holding over $1 million worth of Bitcoin has decreased by roughly 80,000, from 108,886 on Nov. 12 to a mere 26,284 as of June 30. That represents a 75% plunge within nine months. However, with the price of BTC crashing down to the $20,000 region and potentially lower, it may also give more people a chance to become whole coiners.
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