So, here we are, a decade into the Ripple saga, and it turns out that Ripple executives have been on a bit of a selling spree. Think of it as a garage sale, but instead of old VHS tapes and questionable fashion choices, they’re dumping XRP tokens into the open market. Classy, right? Since XRP was completely cooked up at launch, every token sold comes from a finite supply. It’s like if you made a batch of cookies and then found out your friends were eating them all before you could even get one!
Breaking Down XRP: Who Got What and Where Is It Now?
XRP hit the scene in 2012 with a whopping fixed supply of 100 billion. Yep, you heard that right-100 billion! No mining, no staking, just a huge pile of digital coins waiting to be distributed. Out of this treasure trove, 80 billion went to Ripple (the company, not the party) and the rest was divvied up among founders and early insiders. Basically, Jed McCaleb, Arthur Britto, and David Schwartz were like the original cool kids with secret decoder rings.
Fast forward to now, and Ripple and its top dogs currently hold about 41.485 billion XRP. That’s a lot of coinage! Ripple itself is sitting on roughly 37.685 billion XRP, split between some wallets they can access directly and a staggering amount locked away in escrow. It’s like they have a savings account that even their accountant can’t touch!
Now let’s talk about the execs: Chris Larsen, the big cheese at Ripple, has about 2.5 billion XRP spread across eight wallets. Meanwhile, Arthur Britto is hoarding around 1.3 billion XRP across seven wallets-like a digital squirrel preparing for winter. And poor David Schwartz, the co-founder, only has about 26 million XRP to his name. Talk about being left out of the billion-dollar club!
Subtracting what they have left from their original allocations gives us a staggering figure-Ripple honchos have sold or passed out about 58.515 billion XRP since 2012. That’s a number that would make any accountant weep.
What Do These Sales Mean for Prices? Let’s Break It Down!
All this selling has some folks worried about price pressure, but timing is everything, my friends! XRP’s debut price back in August 2013 was around $0.00587. Fast forward to today, and it’s sitting pretty at around $1.88. That’s a jaw-dropping rise of about 31,756%! If only my investments in Beanie Babies had gone that well!
These gains happened gradually-like watching paint dry-thanks to a nifty escrow system Ripple set up in 2017. They locked away 55 billion XRP, releasing up to 1 billion each month. It’s like they’re saying, “Don’t worry, we’re not going to flood the market… unless we totally feel like it.” As of 2026, 34.185 billion XRP is still safely tucked away in this system.
So, those 58.515 billion XRP sold over 13 years? If you do the math, they’re worth about $109 billion at today’s prices. Not bad for a decade of work filled with legal battles and market roller coasters. It’s like they’ve managed to keep their lemonade stand profitable even while buying a new car every year!
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2026-01-27 22:51