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Evernorth Holdings faces heavy unrealised losses after XRP price decline.
CryptoQuant data shows Evernorth holds roughly three-hundred eighty-nine million XRP.
Those tokens were acquired for approximately nine-hundred forty-seven million dollars.
Current market pricing places XRP near one point eight six.
Evernorth’s XRP portfolio value has fallen to roughly seven-hundred million.
This represents unrealised losses exceeding two-hundred twenty million dollars currently.
The downturn mirrors broader crypto market weakness affecting many assets.
XRP has declined about sixteen percent over the past month.
Bitcoin has fallen below eighty-eight thousand dollars recently amid volatility.
Precious metals and traditional equities have outperformed cryptocurrencies this year.
Evernorth follows an aggressive digital treasury strategy centred on XRP.
Similar pressure faces other treasury firms including BitMine holding Ethereum.
Analysts say heavy accumulation strategies increase exposure during prolonged downturns.
US-listed XRP exchange-traded funds have drawn over one billion dollars.
These ETF inflows signal continued investor interest despite falling prices.
XRP previously traded above three point five dollars earlier cycle.
Regulatory uncertainty and macroeconomic pressures continue weighing on XRP’s performance.
Evernorth has not publicly outlined hedging or liquidation plans yet.
Prolonged losses may force reassessment of large-scale crypto treasury models.
Ripple-backed entities remain exposed to ecosystem-specific market risks today broadly.
XRP was designed by Ripple for cross-border payment efficiency globally.
Analysts say ETF demand alone cannot reverse bearish price trends.
Market sentiment remains fragile amid geopolitical tensions and interest-rate shifts.
Evernorth’s position highlights risks facing corporate crypto balance sheets today.
Future XRP performance may depend heavily on broader Bitcoin trends.
At the time of reporting, XRP price was $1.87.