FG Nexus Sells Another 10,000 ETH, Total Loss Exceeds $100 Million

A wallet labeled by Arkham as belonging to Nasdaq-listed company FG Nexus (0x4a2...b82) transferred 10,000 Ethereum, worth approximately $17.8 million, on Wednesday. Between August and September 2025, FG Nexus accumulated a total of 50,770 Ethereum at an average price of $3,860, with the position valued at approximately $196 million at the time.

As the price of Ethereum has fallen to around $1,765, its original investment has incurred realized and unrealized losses exceeding $100 million. As of pre-market trading on Thursday, FG Nexus's stock price fell 13.40% to $7.11.