FG Nexus Offloads $14M in ETH as Corporate Ethereum Treasuries in Pain

FG Nexus, a publicly listed Ethereum treasury company, sold 7,550 ETH worth approximately $14 million on Tuesday, continuing a pattern of disposals that have resulted in over $80 million in realized losses on its Ether holdings. The firm accumulated 50,770 ETH between August and September 2025 at an average price of $3,860, but began selling when the price dropped from its October highs. FG Nexus has sold over 21,000 ETH for about $55 million, leading to a 52% drop in its share price. The company remains a significant ETH holder with 37,594 ETH remaining. This pain is shared across corporate Ethereum treasuries, with companies like Bitmine Immersion Technologies facing billions in paper losses, and others like ETHZilla seeing their stock plummet after aggressive Ether-heavy strategies were punished by equity markets.

(Source：Cointelegraph)