Ripple-Backed Evernorth Faces $230M Unrealized Loss on XRP Holdings

Ripple-backed Evernorth is facing about $230 million in unrealized losses on its XRP holdings, according to on-chain data. The losses followed a steady decline in XRP prices after large purchases in October.  Large XRP Position Remains Unchanged Evernorth currently holds about 388.7 million XRP, according to wallet-level data by CryptoQuant. Most of the accumulation occurred […] Read The Full Article Ripple-Backed Evernorth Faces $230M Unrealized Loss on XRP Holdings On Coin Edition.