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Slow turn in the plot guys. FG Nexus just let go of another 7,550 $ETH today --- approx $14.06M,
What makes it sting a bit is the timing. Back in August and September 2025, they were buying with confidence, stacking 50,770 ETH at an average around $3,860, nearly $196M deployed. Then October rolls in and they’re talking big again -- selling property, gearing up to buy even more #ETH .
But the script flipped fast. Less than a month later, the selling started. Since then, 21,025 ETH have been pushed out the door at roughly $2,649 on average.
They’re still sitting on 37,594 ETH, so it’s not an exit --- not even close.
WE THINK: This isn’t aggressive accumulation anymore. It’s cautious, almost reflective. And yes… markets have a way of forcing those moments, whether you want them or not.