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Nexo-labeled address withdraws $153M in Wrapped BTC from MakerDAO

The crypto community chose to link the funds’ withdrawal with Nexo’s insolvency rumors due to the wallet's name — Nexo: 0x8fd.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Nexo-labeled address withdraws $153M in Wrapped BTC from MakerDAO

The crypto community chose to link the funds’ withdrawal with Nexo’s insolvency rumors due to the wallet's name — Nexo: 0x8fd.

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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