Key facts: Evernorth may sell XRP; Ripple releases 1B; Morgan's defense
Evernorth said in an SEC filing it may sell XRP to cover business costs and obligations, depending on market conditions. It gave no amount or timing; as of Oct. 9, it held about 473 million XRP.Ripple released 1 billion XRP from escrow on Nov. 1, moving 300 million to its main wallet and locking 700 million in escrows due to open in June and July 2029.XRP lawyer Bill Morgan said holders’ claim that they did not rely on Ripple to lift XRP’s value supported its lawsuit defense. He also said monthly escrow releases might have eased selling concerns.This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original sources.