The post Ethereum Treasury Firm Dumps 7,550 ETH After Buying Near the Top appeared on BitcoinEthereumNews.com.

FG Nexus bought 50,770 ETH at $3,860 avg and sold portions near $2,649, locking in $83M in losses. The firm’s stock dropped 94% from 2025 highs, even as it funds a $200M share repurchase program. ETH trades at $1,940, down 50% from FG Nexus’s entry price, with analysts eyeing $1,700 support. FG Nexus is having a rough time in the crypto market. The Nasdaq-listed Ethereum treasury firm sold another 7,550 ETH on Wednesday. That sale was worth roughly $14 million.  It adds to a growing list of losses since the company first built its ETH position. All together, the firm has now lost about $83 million from its original investment. FG Nexus Bought Big, Then ETH Prices Crashed Hard The Charlotte, North Carolina-based company started buying Ethereum in August and September 2025. It picked up 50,770 ETH at an average price of $3,860 per token, spending a total of around $196 million. That was a significant bet on Ethereum’s future. But the market had other plans. ETH prices dropped more than 50% from those highs. The token fell to near $1,920 at some point, leaving FG Nexus sitting on a painful unrealized loss.  On October 22, 2025, the firm announced plans to sell property to buy even more ETH. Less than a month later, it started selling instead. Ethereum treasury firm FG Nexus(@FGNexusio) sold another 7,550 $ETH($14.06M) today. In August and September 2025, they bought 50,770 $ETH($196M) at $3,860 avg. On October 22, 2025, they announced plans to sell their property to buy more $ETH. But less than a month later, they… pic.twitter.com/m5cFreTBQk — Lookonchain (@lookonchain) February 25, 2026 According to on-chain tracking account Lookonchain, FG Nexus offloaded 21,025 ETH earlier at an average price of around $2,649. Now, it holds 30,094 ETH valued at roughly $57.5 million. The total…

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Filed under: News - @ February 25, 2026 5:22 pm