Nasdaq-listed FG Nexus sells another $14M in ETH

Nasdaq-listed FG Nexus (FGNX), a company that holds Ethereum in its corporate treasury, sold an additional 7,550 ETH worth $14.06 million about eight hours ago, AmberCN reported. The company originally purchased 50,600 ETH for $200 million at an average price of $3,940 last August but began selling its holdings in November as the price of ETH fell. To date, FG Nexus has sold a total of 21,000 ETH, realizing a loss of $86.98 million.