PANews|Jun 04, 2026 02:16
[Ethereum Treasury Firm FG Nexus Sells Another 10,000 ETH, Approximately $18.16 Million]
According to on-chain analyst Yu Jin's monitoring, Ethereum treasury firm FG Nexus transferred 10,000 ETH ($18.16 million) to Galaxy Digital four hours ago. The company has incurred a loss of $88.83 million from its ETH investments: in August to September last year, it spent $200 million to purchase 50,600 ETH at an average price of $3,940. Since November, it has started selling off, and has so far sold 38,300 ETH ($89.17 million) at an average price of $2,329.
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