FG Nexus liquidated 7,550 ETH (about $14 million) in its latest sale, part of an ongoing unwind that has realized over $80 million in losses on a position accumulated near ETH 2025 highs. Arkham data shows the firm bought 50,770 ETH (~$196 million) between August and September 2025 at an average price of $3,860; after ETH fell from >$4,600 in October to ~ $2,700 in November the company began selling, previously offloading just over 21,000 ETH for roughly $55 million and retaining about 37,594 ETH prior to this latest sale. FG Nexus’s stock (FGNX) has dropped roughly 52% in the past month. The report also notes other large ETH treasury holders (Bitmine Immersion, ETHZilla, Trend Research) and broader pressure on crypto treasury plays including Bitcoin-focused firms (Metaplanet, Strategy).

FG Nexus sold 7,550 ETH (~$14M) as part of an unwind after buying 50,770 ETH at an average $3,860 and realizing over $80M in losses; it had already sold just over 21,000 ETH for roughly $55M and retains ~37,594 ETH. FGNX stock has fallen ~52% in the past month. The story cites multiple large ETH treasury holders under pressure, which supports negative near-term price pressure.