2025-12-25 06:21:30

There is a piece of XRP data that must be mentioned—Evernorth Holdings, an institution supporting this project and with a high-level executive background, is now experiencing a rather awkward situation.

Let's look at the numbers first: this company holds approximately 389 million XRP. It sounds like a lot, but the key is how they acquired it. According to on-chain data tracking, the initial purchase cost was about $947 million.

What about now? The price of XRP is at $1.86. Even a layperson can tell that these 389 million XRP now have a market value of approximately $724 million. In other words—on paper, they are directly at a loss of over $220 million.

Such situations are not uncommon in cryptocurrency investments, but when it happens to an institution with a background, it can reveal some insights. Market volatility, entry timing, holding strategies... all these factors are reflected in this number. By the way, the performance of XRP in recent years has indeed deviated quite a bit from expectations.

XRP0,1%

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StableGeniusDegen

· 13h ago

Haha, this is a real-life textbook of blood loss. 947 million went in and now only 724 million remains. This is the price of betting on the wrong direction. XRP is just like this; no matter how loud the hype, it can't change the fundamentals. Even big institutions have to kneel; it shows that nothing can be justified. Timing of entry is even harder to predict than technical analysis. 220 million dollars wasted; if it were me, I would have already liquidated. That's why I never go all-in on a single coin.

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BlockchainTherapist

· 12-27 04:21

Hmm... $220 million in losses, this really looks bad. Institutions with backgrounds are also getting caught in the crossfire just like us. --- Basically, they're just bagholders, just wearing a different mask. --- So, XRP really flopped this time, even insiders have to bear the brunt. --- $947 million invested, now down to $724 million... I wonder how painful that must be. --- Uh, isn't this a true reflection of standing firm at a high position? The only difference is the main characters are institutions. --- Losing billions can still be endured, I ask, who else is there? --- Listen, if anyone still tells me XRP has prospects, I’ll just throw this data at them.

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BlockchainFries

· 12-25 06:51

Losing 220 million and still holding it on the books, I really can't take it anymore haha

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SchrödingersNode