CryptoBearishcrypto.news · 3h ago7/10
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FG Nexus offloads 10,000 Ethereum as treasury losses exceed $100M
FG Nexus has sold another 10,000 Ethereum (worth ~$17.8M) as part of ongoing treasury liquidations, bringing cumulative losses to over $100M as ETH trades 50% below the company's average purchase price. The continued offloading signals potential financial distress or strategic portfolio rebalancing amid unfavorable market conditions.
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