Overview
- Evernorth accumulated about 388.7 million tokens from October 22 to December 24, an outlay near $947 million that swung from a $71 million gain to roughly a $220–$225 million unrealized loss.
- XRP fell from around $2.60 to about $1.80 and has stayed below $2 for more than a week during a broader market downturn.
- Newly launched U.S. spot products have posted consecutive net inflows since debut, lifting combined assets to roughly $1.25 billion, according to Sosovalue.
- Trading indicators cited in the coverage show seller dominance, with Capital Flow and Capital Flow Strength negative and the Accumulation/Distribution Money Flow also in the red.
- The reported loss is mark-to-market rather than the result of forced selling, and coverage highlights a disconnect as institutional exposure builds through exchange-traded vehicles even as spot pressure persists.