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FG Nexus, the Ethereum Treasury Company, Once Again Reduces Holdings by 7550 ETH

FG Nexus, the Ethereum Treasury Company, Once Again Reduces Holdings by 7550 ETH

BlockBeats News, February 25th, according to on-chain data analyst Yu Jin’s monitoring, 8 hours ago, Ethereum treasury company FG Nexus (FGNX) sold 7,550 ETH (approximately $14.06 million).

It is reported that FG Nexus has lost $86.98 million due to investing in ETH. During the hot period of the DAT company in August-September last year, they bought 50,600 ETH at an average price of approximately $3,940, worth $200 million at the time. After the price of ETH dropped, they started selling ETH from November. So far, they have sold a total of 21,000 ETH (approximately $55.69 million), with an average selling price of $2,649.

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