Nasdaq-listed FG Nexus address sells another 2,500 ETH

An address presumed to belong to Nasdaq-listed FG Nexus (FGNX), a company known for strategically accumulating Ethereum, sold 2,500 ETH ($8.04 million) four hours ago, according to a report from EmberCN. FG Nexus accumulated 50,770 ETH ($200 million) last year but later sold 13,475 ETH at a loss of $11.52 million after the price of the asset fell. The company's current holdings now stand at 37,594 ETH, valued at approximately $120 million.