Nasdaq-Listed FG Nexus Moves 10,000 ETH as Total Loss Tops $100 Million

News Editor

2026-06-04 12:00:50

A wallet tagged as Nasdaq-listed FG Nexus moved 10,000 ETH (~$17.8M) on Wednesday. The firm had accumulated 50,770 ETH at $3,860 avg. from Aug–Sep 2025. With ETH now near $1,765, total losses exceed $100M, and pre-market stock fell 13.4% to $7.11.

FG NexusEthereumwhale movementportfolio losson-chain dataNasdaq

ChainCatcher reports that a wallet (0x4a2...b82) tagged by Arkham as Nasdaq-listed FG Nexus moved 10,000 Ethereum on Wednesday, worth around $17.8 million at the time of the transfer.

On-chain data shows FG Nexus accumulated 50,770 ETH between August and September 2025 at an average price of $3,860, for a total cost of roughly $196 million. With Ethereum now trading near $1,765, the company’s initial investment has sustained realized and unrealized losses exceeding $100 million.

The sizable loss underscores the risks that corporate crypto treasuries face amid sharp price swings. In pre-market trading on Thursday, FG Nexus shares dropped 13.4% to $7.11.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.

300

Disclaimer:

The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.

Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.