Ripple Executive-Backed XRP Treasury Entity Evernorth Faces Unrealized Loss of Over $220 Million

BlockBeats News, December 25th, the XRP treasury entity Evernorth Holdings, supported by Ripple executives, is currently facing a paper loss of over $220 million. According to data tracked by CryptoQuant, Evernorth holds approximately 389 million XRP, with an acquisition cost of around $947 million. Based on the current XRP price of $1.86, its holding is valued at around $724 million, resulting in a significant unrealized loss for the company. (Cryptobriefing)