Nasdaq Giant’s Strategic $8 Million Ethereum Move Reveals Cautious Crypto Stance
BitcoinWorld
FG Nexus ETH Sale: Nasdaq Giant’s Strategic $8 Million Ethereum Move Reveals Cautious Crypto Stance
In a significant move watched by institutional crypto investors, a blockchain address linked to Nasdaq-listed FG Nexus (FGNX) executed a substantial transaction four hours ago, selling 2,500 Ethereum (ETH) for approximately $8.04 million. This latest activity follows the company’s well-documented strategy of accumulating digital assets, now prompting analysis of its current $120 million Ethereum position and its implications for public companies holding cryptocurrency. Data from blockchain analytics firm AmberCN confirms the sale, adding another chapter to FG Nexus’s public journey as a corporate crypto holder.
