Wallet linked to FG Nexus moves 10k ETH.
Source Arkham The company disclosed holdings of roughly 40,093 ETH in December 2025 and has yet to publicly comment on its Ether sales since those disclosures, with recent transfers identified by onchain data providers not addressed in subsequent company statements
Cointelegraph reached out to FG Nexus for comment but had not received a response by publication. FG Nexus’ recent selling contrasts with the approach taken by other corporate Ether holders, who have continued to add to their positions despite Ethereum’s price decline. Related: Ethereum drops to 14-week lows: Can ETH price hold $1.8K support?
Listed miner BitMine, the largest publicly traded holder of Ether with more than 5.4 million ETH, has been adding to its position, including a recent purchase of approximately $52 million worth of Ether. The company also unveiled plans Wednesday to issue dividend-paying preferred shares, expanding the financing tools available to support its Ethereum treasury strategy. Some analysts likewise remain upbeat on Ether’s long-term outlook despite its recent underperformance.