
Ethereum treasury firm FG Nexus sold another 7,550 ETH ($14.06M) today as it continues downsizing its holdings. The firm had bought 50,770 ETH for $196M in August–September 2025 at an average price of $3,860, but market conditions forced it to cut exposure, including a prior sale of 21,025 ETH at roughly $2,649 each. FG Nexus now holds 30,094 ETH ($57.5M), leaving it with an estimated loss of about $82.8M on its initial position.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
A long-running dispute between OKX founder Star Xu and Binance’s Changpeng Zhao has resurfaced following…
Solana price rally is gaining momentum as the broader crypto rally lifts market sentiment. SOL…
The sudden announcement of a two-week ceasefire between the United States, Israel, and Iran has…
Switzerland just made one of the biggest moves in its financial history. Six major banks,…
Jiang Zhuoer, once a top Bitcoin mining leader in China, says he has shorted Ethereum,…
Bitcoin price on Wednesday finally surged above the $70,000 USD mark, a level it has…