FG Nexus, an Ethereum treasury company, has sold 7,550 ETH valued at $14.06 million, according to monitoring by EmberCN. The company has reportedly incurred losses of $86.98 million from its ETH investments. FG Nexus initially purchased 50,600 ETH at an average price of $3,940 during the DAT company boom in August and September last year, with a total value of $200 million. As ETH prices declined, FG Nexus began reducing its holdings in November, selling a total of 21,000 ETH worth $55.69 million at an average price of $2,649.