PANews reported on December 25th that, according to Crypto Briefing, Evernorth, an XRP treasury entity backed by Ripple executives, has purchased approximately 389 million XRP tokens, investing about $947 million. Based on the current XRP price of $1.86, its holdings are worth approximately $724 million, resulting in an unrealized loss of about $220 million. The price of XRP has fallen by about 16% in the past 30 days, despite continuous net inflows into US-listed XRP ETFs since their launch, absorbing over $1 billion in total.