FG Nexus has fully liquidated all ETH holdings, selling a total of 51,200 ETH at a loss of $86.6 million.

BlockBeats News, July 1st, according to Onchain Lens monitoring, FG Nexus has deposited the final 9,481 ETH (approximately $14.89 million) into Galaxy Digital, completing the full liquidation of its ETH holdings.

Prior to this, FG Nexus had deposited a total of 51,156 ETH into Galaxy Digital, with a total value of approximately $109.4 million. Calculations show that the institution incurred a total loss of approximately $86.6 million in this liquidation.