FG Nexus' ETH Dump Causes Book Loss of Over $85 Million

BlockBeats News, June 4th, according to @LookIntoChain's monitoring, the Ethereum reserve strategy of the institution/whale FG Nexus has currently accumulated a loss of over $85 million.

FG Nexus bought 50,770 ETH at an average price of $3,860 during August to September 2025, with a total investment of approximately $196 million. Subsequently, it has been continuously divesting since November 2025, having sold a cumulative 36,025 ETH so far. The average selling price is around $2,330, with proceeds of about $83.92 million.