Ethereum ($ETH) As the market slump continues, it continues to fluctuate between $15,000 and $16,000. At the time of writing, the altcoin was trading around $1,591 after rising slightly by 0.85% on the daily chart.
as $ETH The market continues to struggle, with wealthy investors losing out and exiting.
FG Nexus’ Ethereum losses reached $86 million
Ethereum has fallen 36% since the beginning of the year, and high-net-worth investors who aggressively built up assets for 2025 are recording losses. As losses continued to mount, these investors, especially institutional investors, aggressively exited the market.
Onchain Lens reported on one such investor. According to on-chain monitor, FG Nexus sold another 3,375 units $ETH Worth $5.34 million.
FG Nexus purchased 50,770 $ETH For $196 million. To date, the team has sold 41,675 units $ETH 94.51 million dollars. The recent sale brought total realized losses to more than $86.8 million.
When institutional investors sell at a loss during a downtrend, it indicates fear of further losses.
institutions at a disadvantage
What’s interesting is that FG Nexus is not an isolated case, as US institutional investors are actively dumping. $ETH.
If we look at the Coinbase Premium Index, we can see that the indicator has remained negative for 53 consecutive days. The last time we saw such a continuous rally was in January-February, when Ethereum fell from $3,000 to $1.8,000.
In addition to institutional investors, all market participants now appear to be less willing to hold positions.
Looking at altcoin Exchange Netflow, this indicator has remained positive for two days in a row. At the time of writing, Netflow was 11.6k $ETH.
Positive net flows indicate an increase in exchange deposits compared to outflows. This exchange setup means there are more sellers than buyers.
Historically, such market conditions preceded a weakening of the market structure, resulting in higher losses.
what’s next $ETH?
Ethereum is currently facing weak demand and intense selling pressure, especially from institutional investors. As a result, the downward momentum of altcoins continued to strengthen.
Looking at the Daily Relative Strength Index (RSI), this indicator remains deep within the bearish zone. Currently, the RSI is sitting at 35, close to oversold territory, suggesting that the bears are in complete control of the market.
Historically, when this momentum indicator is at very low levels, $ETH Experiencing long-term weakness. Therefore, more losses are likely on the Ethereum price chart if the general market sentiment continues.
If something like this happens, $ETH It could lose the $1.5,000 support level and fall to $1,400. However, in the short term, the only viable positive outlook is for Ethereum to continue moving sideways and trading between $1.5k and $1.7k.
Final summary
- FG Nexus sold an additional 3,375 units $ETH The value would be $5.34 million, increasing the realized loss to $86.8 million.
- $ETH The bears are eyeing a decline to $1.4,000 and are facing intense selling pressure from institutional investors.
