FG Nexus sells another $14M in Ether as losses mount on treasury bet
FG Nexus has sold another $14 million in Ether from its corporate treasury, adding to losses of over $80 million as Ethereum-focused balance sheets come under mounting market pressure.
FG Nexus, a publicly listed Ethereum treasury and infrastructure company, liquidated another chunk of its Ether treasury on Tuesday, offloading 7,550 ETH worth roughly $14 million.
The latest sale adds to a series of disposals that have locked in more than $80 million in losses on a position built near Ether (ETH) 2025 highs.
Onchain data from Arkham shows that the firm accumulated 50,770 ETH worth around $196 million between August and September 2025 at an average price of $3,860 per coin.