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by: xpoolPosted on: November 21, 2025

FG Nexus Sells $32.7 Million ETH Amid NAV Crisis

In a move to address concerns about its Net Asset Value (NAV) crisis, FG Nexus sold 10,922 ETH worth $32.7 million on November 19, 2025. The sale, confirmed by Etherscan transaction data, caused the price of ETH to drop by approximately 2.3%. This action has raised concerns about transparency in DeFi treasury management and potential market contagion.

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