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FG Nexus Dumps 36,025 ETH as Ethereum Treasury Losses Top $85M
FG Nexus has lost more than $85 million on its ethereum treasury strategy after buying ETH near last year’s highs and selling at lower prices.
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cointelegraph.com
FG Nexus Sells 10,000 ETH as Treasury Losses Top $100M
FG Nexus sold another 10,000 ETH, extending a series of disposals that have pushed losses above $100 million as the Ethereum treasury firm reduces exposure.
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cryptobriefing.com
FG Nexus reports over $85M loss on Ethereum treasury bet
FG Nexus lost over $85 million on its Ethereum treasury bet after buying 50,770 ETH at $3,860 and selling into a steep decline. Total losses may top $100M.
