FG Nexus has liquidated all ETH, with a total accumulated loss of $86.6 million.

Golden Finance reported that on July 1, according to Onchain Lens monitoring, FGNexus deposited the last 9,481 ETH (about $14.89 million) into Galaxy Digital, completing the full liquidation of its ETH holdings. FG Nexus previously deposited a total of 51,156 ETH into Galaxy Digital, with a total value of about $109.4 million. Based on calculations, the institution’s cumulative loss from this liquidation is approximately $86.6 million.
ETH-0.55%
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