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03:31
FG Nexus' ETH Dump Causes Book Loss of Over $85 Million
BlockBeats News, June 4th, according to @LookIntoChain's monitoring, the Ethereum reserve strategy of the institution/whale FG Nexus has currently accumulated a loss of over $85 million. FG Nexus bought 50,770 ETH at an average price of $3,860 during August to September 2025, with a total investment of approximately $196 million. Subsequently, it has been continuously divesting since November 2025, having sold a cumulative 36,025 ETH so far. The average selling price is around $2,330, with proceeds of about $83.92 million.
03:17
Iron ore prices fell to a two-month low, extending this week's decline, as increased supply and seasonally weak steel demand weighed on market sentiment.
During the Asian morning trading session, iron ore futures prices on the Singapore Exchange once fell 1.3% to $102.35 per ton, hitting an intraday low not seen since April 9, and heading towards the lowest closing price since March.
03:17
JPMorgan raises Norwegian Cruise Line’s target price to $20
Golden Longhui June 4th|JPMorgan raised the target price of Norwegian Cruise Line from $14 to $20 and maintained a "Neutral" rating. (Golden Longhui)
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