Mounting Losses: FG Nexus Continues ETH Sell-Off
Recent data shows that Ethereum treasury firm FG Nexus sold 7,550 ETH, worth approximately $14.06 million, just 8 hours ago. This move has intensified concerns over the company's financial health.
Historical Investment Overview
FG Nexus had previously purchased 50,600 ETH during the DAT company boom in August-September 2025, at an average price of $3,940, totaling $200 million in investment. However, since the ETH price decline in November 2025, the company has been actively reducing its holdings.
Analysis of Sell-Off Activity
To date, FG Nexus has sold a total of 21,000 ETH, valued at around $55.69 million, at an average price of $2,649. This indicates a strategic shift in its asset management approach in response to market fluctuations.
- FG Nexus has incurred cumulative losses of $86.98 million from ETH investments
- Sell-offs began in November 2025 following the ETH price drop
- Current sell-off average is below the original purchase price