Ripple-Backed Evernorth Nears $1B XRP Treasury: Major Supply Shock Incoming? 

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Story Highlights* Evernorth Holdings now holds 388.7 million XRP valued at over $1 billion.

  • Backed by Ripple, SBI, and top crypto investors, the firm is now among the largest institutional XRP holders.
  • Analysts predict an XRP supply shock, driven by Evernorth’s IPO and open-market purchases.
XRP-0.68%
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