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Ripple-Backed Evernorth Crashes Over 23% as Insiders Get Cleared to Sell

Bitcoin.com News·November 11, 2026·1 min read
Ripple-Backed Evernorth Crashes Over 23% as Insiders Get Cleared to Sell

Evernorth Holdings (Nasdaq: XRPN), an XRP treasury company backed by Ripple, plunged 23.5% to $7.96 on Nov. 10. The sell-off followed a final prospectus dated Nov. 9 that covered up to 73.7 million shares for resale, filed with the U.S. Securities and Exchange Commission.

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