Dwelling » Markets » Ripple-backed Evernorth faces $220M drawdown as XRP struggles
Dec. 25, 2025
XRP’s worth has fallen about 16% at some level of the final 30 days.
Key Takeaways
- Ripple-linked Evernorth is down $220M on its XRP holdings.
- Evernorth invested roughly $947 million to manufacture about 389 million XRP.
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Evernorth Holdings, an XRP treasury entity backed by Ripple executives, is sitting on paper losses of more than $220 million following the coin’s latest downturn.
Constant with info tracked by CryptoQuant, Evernorth’s XRP location totals roughly 389 million tokens, purchased for roughly $947 million.
Based on primarily the latest XRP worth of $1.86, the associated rate of that stake has declined to $724 million, leading to a huge unrealized deficit for the firm.
XRP, Ripple’s native crypto asset, has dropped around 16% at some level of the final 30 days amid a market-large correction that pushed Bitcoin below $88,000.
Costs have weakened even as US-listed XRP ETFs have posted fixed inflows since their debut, collectively taking in over $1 billion, per SoSoValue.
