TechFlow reports that on January 20, according to on-chain analyst Ember (@EmberCN), Ethereum treasury company FG Nexus (@FGNexusio) sold 2,500 ETH today, worth approximately $8.04 million.
FG Nexus had previously purchased 50,770 ETH at an average price of $3,944 between August and September 2025, totaling around $200 million. The company has now cumulatively reduced its holdings by 13,475 ETH at an average selling price of $3,089, incurring a loss of approximately $11.52 million.
FG Nexus currently still holds 37,594 ETH, valued at about $120 million. Its market-to-net asset value ratio (mNAV) stands at 0.84, indicating that the company's stock market valuation is below the value of its held ETH assets.




