All eyes on Nexo as 7,758.8 WBTC transferred from MakerDAO to a wallet named Nexo: 0x8fd
due to regulatory pressure and investor concerns, a crypto wallet address labeled as NEXO 0x8fd withdrew 7,758.8 Wrapped Bitcoin — roughly worth $153M — from MakerDAO.under the allegations of offering unregistered securities to investors without warning. Moreover, Kentucky regulators accused Nexo of insolvency owing to liabilities exceeding assets when excluding Nexo.
Following suit, on Sept. 30, blockchain investigator Peckshield alerted the transfer of 7,758.8 WBTC from MakerDAO. One of the main reasons the crypto community chose to link the funds' withdrawal with Nexo's insolvency rumors is the name of the wallet — Nexo: 0x8fd.As shown above, the total value locked on MakerDAO has suffered a decline of 43.3% over the past year, which currently stands at $7.11 billion.tokens worth $50.1 million from Nexo: 0x8fd to a null address via DSProxy.
Wish I had seen celsius moving funds before freezing my account … make your own mind up what this means
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