Losing $86.6 Million, FG Nexus Sells 51,145 ETH from Its Ethereum Treasury
2026-07-01 00:15
Odaily Planet Daily reports 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. It then began selling in November 2025, offloading 51,145 ETH at an average price of $2,138, worth $109.4 million, resulting in a total loss of $86.6 million.
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