Odaily Planet Daily News: On-chain analyst Yu Jin posted on the X platform that Ethereum treasury company FG Nexus (fg-nexus) sold 2,500 ETH four hours ago, worth $8.04 million. FG Nexus held 50,770 ETH at an average price of $3,944 from August to September last year, valued at $200 million. As ETH prices declined, the company has reduced its holdings by 13,475 ETH at a price of $3,089, realizing a loss of $11.52 million. Currently, FG Nexus still holds 37,594 ETH, valued at $120 million. The company’s mNAV is 0.84, and its market capitalization is lower than the value of its ETH holdings.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Machi Big Brother’s $30M ETH Liquidation – When Conviction Meets 25x Leverage
The crypto market has had no shortage of wild stories in 2026 but perhaps one of the most engaging is the saga of Jeffrey Huang aka Machi Big Brother. OnchainLens pointed out that a partial liquidation on one of Huang’s 25 times leveraged long position on ETH would leave him just $30,000 away from l
BlockChainReporter1h ago
Nvidia invests in "space mining Bitcoin," and the startup Starcloud plans to send ASIC miners into orbit within the year
Starcloud plans to install Bitcoin ASIC miners on the second spaceship, aiming to become the first company to mine cryptocurrency in space. CEO Philip Johnston believes that Earth-based mining is not sustainable, but this venture faces high costs, technical challenges, and stability issues. Although they have successfully launched a satellite equipped with NVIDIA GPUs, many difficulties remain to be solved before moving from engineering experiments to large-scale operations.
動區BlockTempo1h ago
Ethereum Price News: Co-founder Jeffrey Wilcke transfers $157 million worth of ETH to CEX, can the key support level of $1920 hold?
Ethereum (ETH) recently dropped nearly 8%, hitting a low of $1912, mainly due to market concerns over the founder transferring a large amount of ETH. However, institutional investors remain actively involved, with a short-term support level at $1920. If maintained, a rebound to $2000 is possible. Technical analysis shows bearish signals, and future trends will depend on the performance of large holders and support levels.
GateNews1h ago
Solana surpasses Ethereum in the number of RWA asset holders
Gate News Announcement, March 9 — On-chain analysis data shows that the Solana blockchain has surpassed Ethereum in the number of wallets holding tokenized real-world assets (RWA). Currently, Solana leads in the number of wallets holding RWA. Although Solana is ahead in the number of holders, Ethereum still maintains a dominant position in the total value of tokenized assets deployed on-chain. Most major tokenized government bond products and private credit platforms are still based on the Ethereum ecosystem.
GateNews1h ago
