FG Nexus Offloads 10,922 ETH During Price Drop
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
FG Nexus ETH Sale: FG Nexus sold 10,922 ETH, generating $31–$43 million to support its share buyback program amid a significant price dip below $3,000.
Impact on Share Price: The firm’s shares have dropped 85% over six months, prompting the sale to stabilize stock value and enhance market liquidity.
Market Trends: The transaction reflects a broader trend among crypto treasury firms to sell assets during downturns to maintain stock stability, similar to strategies observed from 2022-2024.
Future Implications: Analysts anticipate further effects on the crypto and finance sectors, including potential regulatory assessments and shifts in treasury strategies as the market adapts.
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.





