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.
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