@starq

FG Nexus Sold $32.7M in ETH: Treasury Companies Are Starting to Sell Ethereum treasury company FG Nexus has sold 10,922 ETH (around $32.7M) as part of its plan to fund a share buyback. The company still holds about 40,005 ETH, but this sale represents a noticeable cut in their holdings. They aren’t the only ones, other digital asset treasury (DAT) companies have also begun selling, which could be a sign of a wider trend. Key Points: 🔹 FG Nexus sold $32.7M in ETH (10922 ETH) 🔹 Now holds around 40,005 ETH 🔹 Other DAT companies are also reducing their ETH positions 🔹 $FGNX Stock down -94% in 4 months Their stock is also down 94% in the last 4 months, showing clear signs of pressure and declining confidence.

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