FG Nexus(
@FGNexusio) is down over $86.6M on its #
Ethereum# treasury bet!
FG Nexus bought 50,770 $ETH($196M) at an average price of $3,860 in Aug–Sep 2025.
Then started selling in Nov 2025, selling 51,145 $ETH($109.4M) at an average price of $2,138.
Total loss: $86.6M.