Comprehensive financial services company(NASDAQ: FGF)
FG Nexus (NASDAQ: FGF) is a comprehensive financial services company primarily engaged in reinsurance, commercial banking, asset management, and initial public offering services.
A wallet (0x4a2...b82) labeled by Arkham as belonging to Nasdaq-listed company FG Nexus transferred 10,000 Ethereum, worth approximately $17.8 million, on Wednesday. Between August and September 2025, FG Nexus accumulated a total of 50,770 Ethereum at an average price of $3,860, with the position then valued at around $196 million.As the price of Ethereum has dropped to approximately $1,765, the company has incurred realized and unrealized losses exceeding $100 million on its original investment. As of Thursday's pre-market trading, FG Nexus shares fell 13.40% to $7.11.
Odaily Odaily News According to Lookonchain monitoring, FG Nexus has accumulated over $85 million in losses from its Ethereum reserve investments.On-chain data shows that between August and September 2025, FG Nexus purchased a total of 50,770 ETH, valued at approximately $196 million, with an average purchase price of around $3,860. Subsequently, starting in November 2025, the institution began reducing its ETH holdings, selling a total of 36,025 ETH for approximately $83.92 million, at an average selling price of about $2,330.Based on these purchase and sale prices, FG Nexus’s total losses from this Ethereum reserve operation have exceeded $85 million.
According to on-chain analyst Onchain Lens (@OnchainLens), Ethereum treasury company FG Nexus has deposited 5,000 ETH into Galaxy Digital, valued at approximately $10.06 million. Data shows that after completing this transfer, FG Nexus still holds 16,354 ETH, valued at approximately $34.15 million.
according to Onchain Lens monitoring, ETH treasury company FG Nexus has deposited 5,000 ETH, worth $10.99 million, into Galaxy Digital. It still holds 16,354 ETH, valued at $34.15 million.