FG Nexus has sold 7,550 ETH, extending a string of liquidations after accumulating more than $196 million worth of ether in 2025. The firm is now sitting on an estimated $82.8 million loss as ETH trades below $2,000.
Ethereum Treasury Firm Down $82 Million After Sales
Ethereum treasury firm FG Nexus has offloaded another 7,550 ETH, worth roughly $14.06 million, according to on-chain data shared by Lookonchain. The sale adds to a steady unwind of a position that once reflected strong conviction in ether’s upside.
Between August and September 2025, FG Nexus accumulated 50,770 ETH for approximately $196 million at an average price of $3,860. On October 22, the firm announced plans to sell property assets to acquire even more ETH, reinforcing its treasury-focused strategy.
Less than a month later, the direction shifted. FG Nexus began trimming its holdings, selling 21,025 ETH at an average price near $2,649. With the latest transaction, total disposals have deepened losses as ether’s price continues to trade well below its 2025 purchase levels.
The firm now holds 30,094 ETH, valued at about $57.5 million at current prices. With ether trading around $1,964, FG Nexus is facing an estimated cumulative loss of $82.8 million.
Derivatives data showcases the pressure. Ether’s so-called “max pain” price sits near $2,200, representing roughly $886 million in notional value, with a put-to-call ratio of 0.78. That positioning suggests traders remain cautious but not outright bearish.
The broader takeaway is clear: treasury-style ETH accumulation strategies carry real balance sheet risk when volatility turns. What began as an aggressive expansion plan has shifted into capital preservation mode.
For institutional players, the episode is a reminder that crypto treasury management is not just about conviction. Timing, liquidity, and market structure matter just as much as long-term belief.
FAQ 📉
- How much Ether did FG Nexus recently sell?
FG Nexus sold 7,550 ETH in its latest transaction, worth approximately $14.06 million based on current market prices.
- What was FG Nexus’s average Ether purchase price?
The firm acquired 50,770 ETH in August and September 2025 at an average price of $3,860 per token.
- How large is FG Nexus’s current unrealized loss?
With ETH trading near $1,964, the company’s total reported loss is approximately $82.8 million.
- What does Ether’s max pain price indicate?
The $2,200 max pain level reflects the price at which the greatest number of options contracts would expire worthless, suggesting ongoing derivatives market pressure.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
ETH 15-minute pump 1.31%: On-chain capital inflows and whale buying power are in sync, driving the rally
2026-04-09 15:30 to 2026-04-09 15:45 (UTC), the ETH price closed at 2219.86 USDT, with a range low of 2181.68 USDT. The 15-minute return was +1.31%, and the amplitude was 1.75%. During this period, market trading activity was active, attention increased significantly, and short-term volatility intensified.
The main drivers of this unusual move are on-chain capital inflows and persistent buying by large whales. First, on-chain trading volume suddenly surged during the window above; the frequency of large transfers increased, indicating that institutions or major players entered quickly. At the same time, active addresses
GateNews27m ago
Bitcoin ETF Sees $159.62M Single-Day Outflow While Ethereum and Solana ETFs Continue Negative Trend
Gate News message, according to April 9 data, Bitcoin ETFs recorded a single-day net outflow of 2,242 BTC (valued at $159.62M), while showing a 7-day net inflow of 2,723 BTC ($193.89M). Ethereum ETFs experienced a single-day net outflow of 23,158 ETH ($50.48M), with 7-day net outflows reaching 22,90
GateNews50m ago
Ethereum developer Joe Schiarizzi runs for Virginia congressional seat as a Democrat
Gate News update: On April 9, Ethereum developer Joe Schiarizzi is running for Congress in Virginia as a Democrat. Joe Schiarizzi says he is against Trump and argues that cryptocurrencies should focus on public-interest use cases, not be used for political profit. He also criticizes some lawmakers who support cryptocurrencies as opportunists, saying these people have no real interest in the underlying crypto technology.
GateNews1h ago
Grayscale transferred 5,322 ETH and 155.649 BTC to a certain CEX, with a total value of over $22 million
Gate News update, April 9. Arkham monitoring shows that about an hour ago, Grayscale transferred a total of 5,322 ETH (worth $11.6 million) and 155.649 BTC (worth $11.07 million) to a certain CEX Prime address.
GateNews1h ago
“Maji big brother” Huang Licheng closes out an HYPE long position; the Ethereum long position is increased to 12,300 ETH.
Gate News message, on April 9, Hyperbot data shows that the HYPE long position newly opened by Big Brother A-ma JI — Huang Licheng — has been fully closed out within the past 20 minutes. Currently, he is still continuously adding to his 25x leveraged Ethereum long position; he holds 12,300 ETH, with a position value of $26.61M, and a liquidation price of $2,081.
GateNews2h ago
Etherscan contract tab redesign, adds an IDE-style code browser
Etherscan announced a redesign of the contract tabs page, adding an IDE-style code browser with features like file tree navigation, multiple-file tabbed browsing, and cross-file search. It also updated the design of the read/write contract interface; users can switch to full screen and edit contract code directly in Blockscan and Ethereum Remix.
GateNews2h ago
