ChainCatcher reports that, according to Lookonchain monitoring, Ethereum treasury company FG Nexus has sold another 7,550 ETH, worth approximately $14.06 million.
Data shows that FG Nexus previously bought 50,770 ETH at an average price of about $3,860 between August and September 2025, with a total cost of around $196 million. On October 22, 2025, they announced plans to sell property to continue increasing their ETH holdings. However, less than a month later, they began reducing their ETH, selling a total of 21,025 ETH at an average price of about $2,649, cashing out approximately $55.7 million. Currently, FG Nexus still holds 30,094 ETH, valued at around $57.5 million, with an accumulated paper loss of about $82.8 million.
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