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Losing $86.6 million, FG Nexus sells 51,145 ETH from its Ethereum treasury position

2026-07-01 00:15

Odaily Planet Daily reported that according to Lookonchain monitoring, FG Nexus purchased 50,770 ETH at an average price of $3,860 between August and September 2025, valued at $196 million; subsequently, it began selling in November 2025, disposing of 51,145 ETH at an average price of $2,138, worth $109.4 million, resulting in a total loss of $86.6 million.