
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.
Japan Lower House has approved a bill that would officially classify cryptocurrencies such as Bitcoin…
After spending weeks under persistent selling pressure, the SUI price appears to be approaching a…
The Bitcoin price has been consolidating for some time now, and at the same time,…
The Bangko Sentral ng Pilipinas said neither Binance nor BlockShoals Technologies Inc. holds a Certificate…
Singapore's largest bank is bringing one of the world's oldest assets onto blockchain rails. DBS…
SpaceX IPO is expected to debut publicly on June 12, targeting a valuation near $1.75…