Home FG Nexus Dumps $14M Ether As Treasury Bet Backfires

FG Nexus Dumps $14M Ether As Treasury Bet Backfires

Share
FG Nexus Dumps $14M Ether As Treasury Bet Backfires
News
Share

FG Nexus, a publicly listed Ethereum treasury and infrastructure company, liquidated another portion of its Ether treasury on Tuesday. It offloaded 7,550 ETH worth approximately $14 million.

The most recent transaction is one of several disposals that have locked in losses of almost $80 million on a position that was built close to Ether’s 2025 highs.

Between August and September of 2025, the firm amassed 50,770 ETH, or around $196 million, at an average price of $3,860 per coin, according to onchain data from Arkham.

On Oct. 22, the company doubled down on its ETH accumulation strategy and announced its intention to sell its Quebec property to accumulate more ETH.

As the market turned and the ETH price fell from its October highs of over $4,600 per coin to around $2,700 in November, the company began selling.

FG Nexus has offloaded just over 21,000 ETH for about $55 million and netted a loss of more than $80 million.

The company has also seen its share price for FGNX drop roughly 52% over the past month.

FG Nexus remains one of the largest publicly traded owners of ETH, with holdings of 37,594 ETH, according to Arkham.

Share
Written by
Kapil Rajyaguru -

Kapil Rajyaguru is a news editor at 3.0 TV with over 15 years of professional writing experience and more than four years dedicated to the cryptoverse.

An engineer by education and a writer by passion, Kapil brings a rare mix of technical insight and storytelling finesse. A firm believer that cryptocurrencies, blockchain and AI are the building blocks of the future, he crafts in-depth news and analysis to educate, empower and prepare the masses for the next frontier of Web3.

Leave a comment

Leave a Reply

Latest News

News

Robinhood UK Crypto Launch Offers 50+ Tokens With Zero Trading Fees

In the UK, Robinhood Markets is growing its cryptocurrency business by permitting qualified clients to purchase and trade cryptocurrencies in addition to...

News

US CPI, Pi Network Upgrade & Token Unlocks To Watch This Week

Bitcoin is starting the week near $65,000 at the time of writing, as the crypto market prepares for several important events from...

News

Empery Digital Cuts Unrestricted Bitcoin Holdings By 76%

Empery Digital sold 1,635 Bitcoin for $102.2 million between July 1 and Aug. 6, cutting its total holdings to 1,279 BTC, according...

News

Wall Street Tightens Grip On Crypto As Institutions Drive 72% Of Spot Flow

Instead of distributing capital throughout the larger market, institutions are concentrating liquidity into fewer tokens. This week, Wintermute revealed that institutional investors...

Related Articles

Best Memecoin Launchpads Of 2026

Memecoins have been a point of attraction for crypto investors since their...

Best AI Crypto Projects Of 2026

The Artificial Intelligence (AI) sector is attracting very significant venture capital investments...

This Is How Indians Can Invest In Global Assets In 2026

Introduction Can Indians invest in global assets, too? The answer is yes....

Click, Tokenize, Own: How RWA Tokenization Is Rewriting Financial Markets

A Quiet Revolution In Ownership Each generation tends to think it is...