U.S. Firm FG Nexus Sells Additional 7,550 ETH, Total Losses Expand to Approximately 13 Billion Yen

2026/02/26 09:10

CoinPost

Written by L.Kikutani

U.S. Firm FG Nexus Sells Additional 7,550 ETH, Total Losses Expand to Approximately 13 Billion Yen

Shift from Bulk Purchasing to Selling

According to data reported by on-chain analysis service Lookonchain on February 25, FG Nexus, a Nasdaq-listed Ethereum financial management company, sold an additional 7,550 ETH (approximately $14.78 million). This brings the company's total sold to 21,025 ETH, with reported total losses amounting to approximately $82.8 million (about 13 billion yen).

Between August and September 2025, the company purchased ETH at an average unit price of $3,860...

MAGAZINE

Iolite Vol.18

March 2026 issueReleased on 2026/01/30

Interview: Iolite FACE vol.18 Takeshi Chino, Representative Director, Binance Japan PHOTO & INTERVIEW: Mai Shin Special Features: “Future Money — The Current State of Value Transfer” “Upcoming Amendments to Japan’s Crypto Asset Regulations” “The Reality of IEOs” Crypto Journey Beyond a Treasury Company: Becoming an Ethereum Evangelist — The Essence and Determination Behind HODL1’s Digital Asset Treasury (DAT) Strategy Interview with Hiroki Tahara, Representative Director, Kusim Inc. (now HODL1) Series: “Expert Perspectives on Interpreting Volatile Crypto Markets” — Kasou NISHI Series Tech and Future — Toshinao Sasaki …and more

MAGAZINE

Iolite Vol.18

March 2026 issueReleased on 2026/01/30