FG Nexus: Loses $86.6M on Ethereum Treasury

FG Nexus booked an $86.6M loss on its Ethereum treasury after purchasing 50,770 ETH for $196M at an average $3,860 during Aug-Sep 2025 and offloading 51,145 ETH for $109.4M at $2,138 from November onward.

Current price sits at $1571.47 inside a bearish structure with EMA50 at $1609.4 acting as immediate resistance and EMA200 at $1766.3 capping upside; RSI at 44.66 shows neutral momentum while MACD registers a bullish golden cross at -7.18, yet price remains trapped inside Bollinger Bands between $1551.79 support and $1610.86 resistance, suggesting any bounce toward the upper band will likely stall and retrace to the 50-EMA before continuation.