Weak market sentiment and large holder concerns.

Is Evernorth bankrupt?

No, it is sitting on unrealized losses.

No, development and adoption continue.

XRP News Today: Evernorth Faces $380 Million Loss as XRP Price Struggles

ByRubaisha February 6, 2026February 6, 2026

XRP is back in the spotlight as fresh reports reveal that Evernorth, a treasury-focused firm with exposure to XRP, is sitting on an estimated $380 million unrealized loss. At the same time, XRP price is struggling to regain momentum, trading in a tight range and underperforming compared to some other major cryptocurrencies.

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