#What recent actions has FG Nexus taken regarding Ethereum?
FG Nexus, a corporate treasury firm with a focus on Ethereum, has recently sold 7,550 ETH for about $14 million. This decision is part of a larger trend where the firm's asset sales indicate a departure from its previous strategy of accumulating Ethereum. Data from Lookonchain tracks these significant movements. The firm, which was formerly known as Fundamental Global, has experienced notable shifts in its investment approach.
In August and September 2025, FG Nexus made a substantial purchase of 50,770 ETH, averaging $3,860 per unit, which totaled nearly $196 million. On October 22, 2025, they expressed intentions to liquidate their property assets to further invest in Ethereum. However, within weeks of that announcement, FG Nexus changed its course and began selling off its tokens amid a decline in Ethereum prices.
#What is the financial situation of FG Nexus now?
As of December 17, 2025, FG Nexus reported holdings of over 40,000 ETH, alongside approximately $25 million in cash and USDC. With the latest sale, the firm has offloaded over 21,000 ETH at an average price of $2,649, which reflects a loss of about 31% compared to their original purchase price. Now, FG Nexus retains around 30,000 ETH valued at roughly $53 million.
This strategic pivot has resulted in a total loss exceeding $80 million for the firm. The situation illustrates the risks associated with concentrating reserve assets in a single cryptocurrency, especially given the fluctuations in Ethereum's market, which saw prices harrowing below $2,000 after hitting peaks in mid-2025.
FG Nexus's trajectory serves as a cautionary tale for institutional investors emphasizing the importance of diversification in managing volatility.