Well, butter my biscuit and call me a wizard, but it seems FG Nexus, the self-proclaimed Ethereum treasury firm, has decided to play a rousing game of “Sell Low, Cry Later.” Today, they offloaded another 7,550 ETH (a cool $14.06M, if you’re counting in mere mortal currency) as they continue their grand tour of the “Downsizing Holdings” theme park. Apparently, buying 50,770 ETH for $196M back in August-September 2025 seemed like a brilliant idea at the time-average price of $3,860, no less. But, as the gods of crypto would have it, the market had other plans, and now they’re left holding the bag (or rather, 30,094 ETH worth $57.5M) while nursing an $82.8M hangover.
Let’s not forget their previous masterpiece: selling 21,025 ETH at roughly $2,649 each. That’s right, folks-selling low is the new black. Or perhaps they’re just practicing for their next career as a professional fire sale organizer. Either way, it’s a tale as old as time itself: hubris, blockchain, and a dash of “what were they thinking?”
So, what’s next for FG Nexus? Will they double down on their “brilliant” strategy, or will they finally admit that maybe, just maybe, they should’ve stuck to selling socks on the internet? Only time-and the whims of the crypto gods-will tell. In the meantime, grab your popcorn and enjoy the show. After all, it’s not every day you get to watch a treasury firm turn into a meme.
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2026-02-25 15:06