Ripple co-founder Jed McCaleb has sold over $175 million worth of XRP since early 2016

Ripple co-founder Jed McCaleb has sold over $175 million worth of XRP since early 2016McCaleb was awarded 9 billion XRPs for co-founding OpenCoin, which later became RippleMcCaleb, who is now co-founder and chief architect of the Stellar Development Foundation, told The Block: “I think the history to date shows there is no impact on the market,” referring to his XRP liquidations