2025-12-25 05:42:31

A noteworthy data point has surfaced—Evernorth Holdings, the funding entity backed by Ripple executives, holds 389 million XRP, which was acquired at a cost of $947 million.

It sounds like a significant investment, but the current situation is a bit awkward. Based on the current XRP price of $1.86, the market value of this holding is just over $724 million. In other words, it has already incurred a loss of more than $220 million on paper.

Such a large-scale holding movement naturally attracts market attention. The data behind this reflects a certain stance by institutional players on XRP's long-term prospects—whether it’s a firm hold or a strategic adjustment, it’s worth traders and investors pondering. Especially in the volatile environment of the crypto market, the difference between the holding cost of major funds and the current market price often reveals a lot of information.

XRP0.16%

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DeFiDoctor

· 11h ago

A loss of 220 million USD—what kind of mental resilience does it take to hold calmly... The medical records show that Ripple's strategy indeed has complications.

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FlashLoanLarry

· 11h ago

so evernorth sitting on a 2.2B unrealized loss and we're supposed to believe they're "hodling for the vision"? capital efficiency is such a meme sometimes ngl

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SerumSquirrel

· 11h ago

Hmm... a floating loss of 220 million USD, how strong must one's hands be to remain unmoved?

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MindsetExpander

· 11h ago

Losing 220 million but still holding on, is this faith or being trapped? --- Ripple executives' backgrounds can't even withstand the pressure, indicating that XRP isn't as stable as imagined. --- Stop talking about long-term views; with such a large unrealized loss, it's time to cut losses. --- Holding 389 million tokens... I just want to know if there will be a dump next. --- Once this data is out, retail investors need to see clearly; even big players are losing money. --- Holding a position with a cost basis of 947 million, now worth 724 million; buying and selling are indeed difficult. --- Waiting here for a rebound? Or do you really believe XRP will double? --- Institutions being trapped and retail investors being trapped are no different; everyone is equal in the market.

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