Evernorth Holdings, the XRP treasury entity backed by Ripple executives, is suffering a book loss of over $220 million. According to data tracked by CryptoQuant, Evernorth holds approximately 389 million XRP, purchased at a cost of about $947 million. At the current XRP price of $1.86, its holdings are worth approximately $724 million, resulting in a significant unrealized loss for the company. (Cryptobriefing)
Evernorth, the XRP vault entity backed by Ripple executives, has suffered unrealized losses exceeding $220 million on its holdings.
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