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Supported by Ripple executives, the XRP treasury entity Evernorth Holdings is experiencing an unrealized loss of over $220 million. According to data tracked by CryptoQuant, Evernorth holds approximately 389 million XRP with an acquisition cost of about $947 million. At 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)