Wu Shuo learned that, according to @EmberCN monitoring, 8 hours ago, Ethereum treasury company FG Nexus reduced its holdings by 7,550 ETH (worth $14.06 million). Analysis indicates that FG Nexus has lost $86.98 million on its ETH investments. The company purchased 50,600 ETH during the peak of DAT company from August to September last year, with an average price of about $3,940, worth $200 million at the time. After the ETH price declined, they started reducing their ETH holdings in November, and have sold a total of 21,000 ETH (worth $55.69 million), with an average price of $2,649.

ETH7,23%
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