Ethereum Treasury Firm Reduces Holdings Amid Market Volatility

FG Nexus, an Ethereum treasury firm, has continued to reduce its exposure to ETH by selling a significant portion of its holdings. According to recent blockchain data, the company transferred 7,550 tokens worth approximately $14.06 million to Galaxy Digital in a single transaction.

This move is part of FG Nexus's ongoing strategy to adapt to market conditions and mitigate unrealized losses exceeding $70 million. Despite this reduction, the firm still retains over 37,000 ETH, indicating a partial but significant exit from its previously aggressive accumulation strategy.

The sale comes after FG Nexus accumulated tens of thousands of ETH between August and September 2025, purchasing 50,770 tokens at an average cost of $3,860 per token. The company had initially planned to increase its Ethereum reserves by selling property assets to fund more purchases, but shifted gears in response to market volatility.

FG Nexus's actions reflect the wider concerns about institutional confidence in Ethereum, as other treasury firms have also engaged in large-scale sales of their ETH holdings. In contrast, some firms like Bitmine continue to accumulate ETH, highlighting the difference in strategies between short-term and long-term focused investors.