Ripple Co-founders, XRP Wallet Dumps, and Price Jumps: Unraveling the Story
The XRP market is often influenced by the actions of its co-founders and significant wallet movements. Recent activity involving Ripple co-founders and their XRP holdings has again sparked interest and debate within the crypto community.
Jed McCaleb's XRP Dump: The End of an Era?
The former co-founder of Ripple Labs, Jed McCaleb, is practically out of XRP after continually dumping the crypto asset for eight years. On-chain data confirms that an XRP wallet owned by Ripple and Stellar co-founder Jed McCaleb has essentially run out of XRP after years of selling. According to data provided by Jed himself, the final transaction has occurred, marking the end of a long period of XRP dispersal. After eight years and $3 billion liquidated, Ripple co-founder Jed McCaleb has finally finished dumping his bags of XRP. He left Ripple to work on Stellar (XLM) in 2025, and ever since he has been dumping his XRP tokens in the market, but now he is almost running out! Fast-forward to today, McCaleb has sold most of his digital asset holding and was left with 46.7 XRP worth ~$17 at press time.
Chris Larsen's XRP Transfers: What Do They Mean?
A wallet activated by Ripple co-founder Chris Larsen has transferred over $109 million worth of XRP to major cryptocurrency exchanges, including Coinbase, Bitstamp, and Bybit. The “tacostand” wallet, which is Ripple co-founder Chris Larsen's, has been at the center of a significant financial event involving XRP wallets. A wallet activated by Ripple co-founder Chris Larsen has transferred over $109 million worth of XRP to major cryptocurrency exchanges, including Coinbase, Bitstamp. In January 2025, Larsen lost approximately $150 million.
Ripple's Potential Massive Monthly Dump in November
November has arrived, and Ripple has shocked the market, preparing what could be its largest monthly dump in seven years. The company, XRP Ledger (XRP)’s core, is closely watched by analysts and traders alike.
Suspicious Activity in Jed McCaleb's XRP Wallet: A Flashback to July 2025
The XRP wallet belonging to Ripple co-founder Jed McCaleb has been displaying suspicious activity since July 2025, as a series of withdrawal attempts sought to take .
Understanding the Impact on XRP Price Jumps
The actions of Ripple's co-founders, particularly large XRP transfers or dumps, often correlate with price jumps, both positive and negative. Market participants closely monitor these activities to anticipate potential price fluctuations. While McCaleb's dumping is largely over, the impact of Larsen's transfers and Ripple's potential monthly dump still loom large.