[FG Nexus Treasury Company Holding $120 Million in ETH Sells 2,500 ETH] Odaily Planet Daily News: On-chain analyst Ember posted on the X platform, stating that Ethereum treasury company FG Nexus (fg-nexus) sold 2,500 ETH four hours ago today, valued at $8.04 million. FG Nexus had accumulated 50,770 ETH at a high average price of $3,944 between August and September last year, worth $200 million. With the decline in ETH prices, the company has so far reduced its holdings by 13,475 ETH at a price of $3,089, realizing a loss of $11.52 million. Currently, FG Nexus still holds 37,594 ETH, valued at $120 million. The company's mNAV is 0.84, and its stock market value is lower than the value of its ETH holdings.