XRP’s Prolonged Dip Inflicts $225M Unrealized Loss on Evernorth Amid ETF Gains

XRP has dropped below $2, resulting in significant unrealized losses for holders like Evernorth, which now faces a $225 million deficit on its 388.7 million token holdings acquired in late 2024. Despite this, spot ETFs continue accumulating, signaling institutional confidence amid ongoing market pressure. XRP price has remained under $2 for over a week, intensifying [...]