Markets
Evernorth's $214 Million XRP Position Sits 46% Under Water
COINOTAG·October 13, 2026·1 min read
Evernorth's $214 million XRP purchase now sits about 46% below cost as XRPN closed its first Nasdaq session at $16.91, with XRP trading near $1.37. The significant loss highlights the volatility in digital assets and the risks of large institutional positions.
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