Key Notes

Evernorth's XRP stake has plunged by $78 million in unrealized losses.

Strategy's MSTR shares have also recorded a decline of 53%.

BitMine has roughly $2.1 billion in unrealized losses, marking a wide trend.

Blockchain analytics platform CryptoQuant noted that Evernorth’s XRP XRP $2.20 24h volatility: 1.4% Market cap: $132.48 B Vol. 24h: $5.00 B stake has incurred $78 million in unrealized losses. This comes less than 3 weeks after the company’s entry into the new niche. The prices of cryptocurrencies are falling, and this has clearly dragged crypto treasury firms on a bearish path.

Bitcoin May Push Below $100,000

Bitcoin BTC $100 630 24h volatility: 1.2% Market cap: $2.01 T Vol. 24h: $87.09 B has been losing steam

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