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FG Nexus has liquidated all its ETH, selling a total of 51.2k ETH at a loss of $86.6 million.

MarsBitNews
Mars Finance News, July 1, according to Onchain Lens monitoring, FG Nexus has deposited the last 9,481 ETH (approximately $14.89 million) into Galaxy Digital, completing the liquidation of all ETH holdings. FG Nexus had previously deposited a total of 51,156 ETH into Galaxy Digital, with a total value of approximately $109.4 million. Calculations show that the institution has accumulated a loss of approximately $86.6 million from this liquidation.
ETH-0.29%
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