Evernorth Holdings, a newly established finance company with strategic ties to Ripple executives, has accumulated nearly 389 million XRP tokens, according to CryptoQuant data. At the current trading price of $2.6 per XRP, these holdings are valued at over $1 billion, positioning Evernorth as one of the largest XRP holders. As of October 27th, Evernorth's asset reserves were reported to be approximately $947 million, with the investment generating over $50 million in unrealized gains. This significant accumulation underscores Evernorth's substantial stake in the XRP market.