Whale FG Nexus Dumps Another 3,375 ETH, Total Loss Exceeds $86.8M

News Editor

2026-06-30 01:01:17

On-chain data shows whale address FG Nexus sold another 3,375 ETH (~$5.34M), bringing total realized loss to over $86.8M. The address originally bought 50,770 ETH for $196M and has now sold 41,675 ETH for $94.51M, holding roughly 9,095 ETH remaining.

whaleETHEthereumFG Nexuson-chain datalosswhale movement

According to on-chain monitoring platform Onchain Lens, whale address FG Nexus has sold an additional 3,375 Ethereum (ETH) worth approximately $5,340,000 today. This latest sale further widens the overall loss for this address.

Data shows that FG Nexus initially purchased 50,770 ETH at a cost basis of around $196,000,000. To date, the address has sold a total of 41,675 ETH, realizing proceeds of approximately $94,510,000, resulting in an aggregate loss exceeding $86,800,000.

The address currently holds about 9,095 ETH, which may still be underwater at current market prices. Market participants are watching whether this whale will continue to reduce its position, potentially adding short-term selling pressure on ETH.

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

700

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.