Evernorth Holdings, supported by Ripple executives, is facing an unrealized loss exceeding $220 million due to XRP's recent 16% price drop. Despite this downturn, US-listed XRP ETFs have seen over $1 billion in inflows since their introduction. XRP's value decrease comes amid a broader market correction that also affected Bitcoin.
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[IMPORTANT] Evernorth Suffering $220M Loss Amid XRP's 16% Decline Despite Growing ETF Inflows
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