FG Nexus: Sells 3,375 ETH for $5.34M

FG Nexus sold another 3,375 ETH worth $5.34M, pushing cumulative realized losses past $86.8M after purchasing 50,770 ETH for $196M and offloading 41,675 ETH for $94.51M.

Price action on the 4h chart shows ETH testing upper Bollinger resistance at $1613.82 with RSI(14) neutral at 49.76 inside the bands, while the bearish structure defined by EMA50 at $1618.7 and EMA200 at $1778.89 keeps downside pressure intact; a retracement toward the 50-EMA support looks probable before any sustained move higher.