FG Nexus: $85M Ethereum Treasury Loss | Flash News Detail | Blockchain.News
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6/4/2026 3:27:00 AM

FG Nexus: $85M Ethereum Treasury Loss

FG Nexus: $85M Ethereum Treasury Loss

FG Nexus loses $85M on 50,770 ETH bought at $3,860 average, sold 36,025 ETH at $2,330; current ETH price $1,806.95 with bearish 4h signals.

Source

Analysis

FG Nexus booked an $85M+ loss on its Ethereum treasury after purchasing 50,770 ETH at a $3,860 average in Aug-Sep 2025 and dumping 36,025 ETH at a $2,330 average starting Nov 2025.

Price action on the 4h chart shows a bearish structure with price below both EMA50 at $1,972.16 and EMA200 at $2,130.29 while RSI(14) at 26.86 signals oversold conditions and MACD prints a death cross at -53.19; the pair trades inside the Bollinger Bands, testing lower support near $1,768.92 after failing upper resistance at $2,077.12, suggesting further downside pressure before any relief bounce in this ETH price prediction environment amid broader crypto market crash fears and muted AI industry impact on corporate treasuries.


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