Crypto: Fg Nexus Sells Another $14m In Ether As Losses Mount On Treasury Bet

FG Nexus sold another $14 million in Ether from its corporate treasury, bringing its losses to over $80 million as Ether-focused balance sheets come under mounting market pressure.

FG Nexus, a publicly listed Ethereum treasury and infrastructure company, liquidated another chunk of its Ether treasury on Tuesday, offloading 7,550 ETH worth about $14 million.

The latest sale adds to a series of disposals that have locked in more than $80 million in losses on a position built near Ether (ETH) 2025 highs.

Onchain data from Arkham shows that the company accumulated 50,770 ETH worth about $196 million between August and September 2025 at an average price of $3,860 per coin.

On Oct. 22, the company doubled down on its ETH accumulation strategy, announcing its intention to sell its Quebec property to accumulate more ETH.

As the market turned and the ETH price fell from its October highs of over $4,600 per coin to around $2,700 in November, the company began selling.

FG Nexus has offloaded just over 21,000 ETH for about $55 million, and netted a loss of more than $80 million.

The company has also seen its share price for FGNX drop roughly 52% over the past month.

FG Nexus remains one of the largest publicly traded owners of ETH, with holdings of 37,594 ETH, according to Arkham.

FG Nexus isn’t alone in feeling the pain from an Ether downturn that has left many large corporate treasuries deep underwater.

Source: CoinTelegraph