FG Nexus: Deposits Final 9,481 ETH to Galaxy Digital

FG Nexus deposited its remaining 9,481 ETH ($14.89M) into Galaxy Digital, completing the exit from a 51,156 ETH ($109.4M) position and locking in an $86.6M loss. The wallet originally purchased 50,770 ETH for $196M before gradual sales reduced holdings. ETH price prediction models now face fresh supply pressure from such large liquidations while broader crypto market crash fears linger. On the 4h chart ETH sits at $1574.3 beneath the EMA50 resistance at $1609.51 and far below the EMA200 at $1766.33; MACD has printed a bullish golden cross at -6.96 yet RSI remains neutral at 45.52, so price is likely to probe the upper Bollinger band at $1610.83 before any pullback toward the lower band support at $1552.1.