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.