FG Nexus Executes $200M Share Buyback by Selling 10,922 ETH
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
FG Nexus ETH Sale: FG Nexus sold 10,922 ETH during a price dip below $3,000 to fund a $200 million share buyback, while still retaining over 40,000 ETH post-sale.
Market Dynamics: The sale reflects corporate treasury strategies impacting market sentiment and Ethereum's valuation, with no immediate regulatory concerns identified.
Trading Activity: Increased trading volumes in Ethereum were noted across OTC and CEX channels, but overall liquidity and staking flows remained stable.
Historical Context: Similar corporate treasury actions have historically caused market volatility, but current trends suggest minimal immediate regulatory issues, warranting ongoing observation of treasury management practices.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.






