FG Nexus’s Ethereum Reserve Operations Accumulate Over $85 Million in Losses

Odaily Odaily News According to Lookonchain monitoring, FG Nexus has accumulated over $85 million in losses from its Ethereum reserve investments.

On-chain data shows that between August and September 2025, FG Nexus purchased a total of 50,770 ETH, valued at approximately $196 million, with an average purchase price of around $3,860. Subsequently, starting in November 2025, the institution began reducing its ETH holdings, selling a total of 36,025 ETH for approximately $83.92 million, at an average selling price of about $2,330.

Based on these purchase and sale prices, FG Nexus’s total losses from this Ethereum reserve operation have exceeded $85 million.