[Evernorth, supported by Ripple, has accumulated nearly 389 million XRP, valued at over $1 billion] According to Cryptobriefing, CryptoQuant data shows that the newly established XRP financial company Evernorth Holdings (which has close strategic ties with Ripple executives) has accumulated nearly 389 million XRP tokens. Based on the current trading price of XRP at $2.6, these holdings are valued at over $1 billion, making Evernorth one of the largest holders of the token. CryptoQuant's on-chain analyst JA Maartun reported that as of October 27, Evernorth has invested approximately $947 million in its asset reserves. Currently, this investment has generated over $50 million in unrealized gains.