TLDR
- Evernorth holds 389 million XRP bought for about $947M .
- XRP price decline to 1.86 has caused a $220M paper loss.
- US-listed XRP ETFs have seen over $1B in inflows despite losses.
- Bitcoin and broader market corrections contributed to Evernorth’s XRP losses.
Evernorth Holdings, a treasury entity backed by Ripple executives, is facing paper losses exceeding $220 million as the price of XRP declines. The firm holds a large position in Ripple’s native cryptocurrency, purchased for nearly $947 million. Recent market corrections have reduced the value of these holdings, prompting concern among investors. Despite inflows into XRP ETFs, Evernorth’s portfolio shows a substantial unrealized deficit amid the ongoing market volatility.
Evernorth XRP Holdings Show Major Paper Losses
Evernorth currently holds about 389 million XRP tokens, purchased for roughly $947 million.
Based on the current price of $1.86 per token, the stake is valued at $724 million.
This reflects an unrealized loss of over $220 million for the Ripple-backed treasury entity.
Ripple-Backed Evernorth Faces $220M Paper Loss on XRP Holdings
Evernorth Holdings, an XRP treasury entity backed by Ripple executives, is sitting on more than $220 million in unrealized losses after XRP’s recent price decline, according to @cryptoquant_com data, reported by… pic.twitter.com/WS7YVIx2Ku
— ME (@MetaEraHK) December 25, 2025
The firm acquired XRP during previous price peaks as part of its treasury strategy.
Evernorth’s losses come amid broader market corrections affecting multiple cryptocurrencies.
Investors are monitoring the situation closely to assess potential portfolio adjustments.
XRP Price Decline Affects Market Positions
XRP has declined approximately 16 percent over the past 30 days.
The drop follows a wider market correction that also pushed Bitcoin below $88,000.
Market analysts note that short-term volatility has affected Ripple-linked funds.
Even though ETFs for XRP in the United States have continued to receive inflows,
the token’s market value has been pressured by global trading trends.
ETF Inflows Continue Despite Token Losses
US-listed XRP ETFs have collectively taken in over $1 billion since their launch. This shows investor interest remains steady even as XRP price experiences fluctuations. The consistent ETF inflows suggest institutional demand for XRP is still present. Evernorth’s losses reflect the timing of large acquisitions rather than a lack of market confidence. The firm’s position remains a substantial part of its treasury allocation strategy.
Ripple’s native token has faced volatility alongside other major cryptocurrencies.
Price adjustments have been tied to both regulatory discussions and global market shifts. Evernorth, as a treasury-backed entity, manages XRP holdings as part of its investment portfolio. The current drawdown demonstrates the sensitivity of large cryptocurrency positions to market corrections. Analysts continue to track the token’s performance and institutional investment patterns closely.





