Ripple-Backed Evernorth Crashes Over 23% as Insiders Get Cleared to Sell

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$XRP

$1.06

-2.5%

Evernorth Holdings (Nasdaq: XRPN), the XRP treasury company backed by Ripple, plunged 23.5% to $7.96 on Nov. 10 after a prospectus covering up to 73.7 million shares for resale went live. The Filing Behind the Drop The sell-off followed a…