NEXO's retail credit withdrawals opened strongly in early 2025 but declined sharply throughout the year, signaling forced deleveraging and reduced risk appetite as market conditions shifted. A brief rebound mid-year was followed by a steep drop, with withdrawals near historic lows by late 2025, indicating widespread risk aversion. Similarly, Ethereum borrowing on Aave saw a cycle of rapid growth followed by a significant contraction, reflecting a broader reset in crypto leverage. Meanwhile, NEXO’s price broke key support levels, entering a pronounced downtrend with oversold conditions and persistent selling pressure, underscoring a market-wide shift to risk-off sentiment.
ambcrypto2026.02.06




