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