- Jed McCaleb’s wallet, identified as ‘Tacostand,’ is nearly empty as the Ripple co-founder exhausts his 9 billion XRP tokens.
- Brad Garlinghouse officially confirmed the end of Jed McCaleb’s XRP dumping spree.
- Analysts believe that XRP price trend reveals bullish potential, and the altcoin could rally soon.
Ripple co-founder Jed McCaleb is close to emptying his XRP wallet identified by investors as “Tacostand.” McCaleb’s address holds XRP worth $17 after consistent outflows. Ripple’s CEO officially confirmed the end of McCaleb’s dumping spree after the co-founder exhausted 9 billion XRP tokens.
Also read: SEC v. Ripple: Ruling slams regulator for hypocrisy – is disbarment next?
McCaleb’s XRP dumping ends, official confirmation from Ripple
Jed McCaleb’s notorious “Tacostand” wallet is officially empty, and the co-founder has seemingly transferred his entire stash of the altcoins out of the address. The wallet holds $17 in XRP, and after it was emptied, Ripple CEO Garlinghouse officially confirmed the end of the altcoin’s dump in a tweet.
Garlinghouse asked his followers,
Tacos, anyone? JK, the stand is closed.
Tacos anyone? JK the stand is closed https://t.co/rshrX6hGOQ
— Brad Garlinghouse (@bgarlinghouse) July 18, 2022
