FG Nexus offloads additional $17.8M Ether as losses top $100M

Kwon Crash

Published Jun 4, 2026, 12:26 PM UTC

Source: CryptoSource
- FG Nexus is dumping another 10,000 ETH, pushing their total losses past $100 million. Congratulations on turning an Ethereum treasury into a charity for buyers! While the moonboys are busy praying for green candles, this "strategic rebalancing" looks suspiciously like panic selling with a spreadsheet. You bought the top, held the bag, and now you’re offloading it while crying about losses. It’s not a strategy; it’s a slow-motion liquidation event. The market doesn’t care about your paper losses, and neither do I. Keep cutting exposure until you’re just holding stablecoins and regret.