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Ripple-Backed Evernorth Plunges 40% as Insiders Move to Sell 73.7 Million Shares
U.Today·November 11, 2026·1 min read
Ripple-backed Evernorth's stock plunged 40%, with XRPN shares down nearly 48% from their Oct. 28 close. An SEC filing revealed major investors, including Ripple Labs, plan to sell 73.7 million shares. The sell-off follows insider moves to offload holdings, intensifying market pressure on the company.
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