FG Nexus' ETH Dump Causes Book Loss of Over $85 Million
BlockBeats News, June 4th, according to @LookIntoChain's monitoring, the Ethereum reserve strategy of the institution/whale FG Nexus has currently accumulated a loss of over $85 million.
FG Nexus bought 50,770 ETH at an average price of $3,860 during August to September 2025, with a total investment of approximately $196 million. Subsequently, it has been continuously divesting since November 2025, having sold a cumulative 36,025 ETH so far. The average selling price is around $2,330, with proceeds of about $83.92 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
AI boom fails to lift gold demand, WGC says
Costco Wholesale's Q4 Profit Delivery Better Than Feared, Oppenheimer Says
Near Protocol (NEAR) Closer to 200% YTD Profit: Does Rally Continue?
Crypto prices
More
