On-chain data is pointing to a potential shift in crypto market behaviour, with rising accumulation activity centred around the Nexo ecosystem. After a weak start to the year, early signs suggest selling pressure may be easing as buyers begin to step back in.
Market sentiment remains cautious, but improving liquidity conditions, institutional interest, and broader adoption trends are creating a more supportive backdrop for selective assets.
NEXO is showing signs of recovery in early 2026, with whales accumulating the token after its price dropped below $1, indicating potential bullish sentiment. This buying activity has supported a modest price rebound and growing on-chain deposits, suggesting increasing investor confidence, though the broader trend remains uncertain unless key resistance levels are broken.
Investors Accumulating NEXO, Taker Buys Dominant
“Increasing taker buy volume has historically preceded or coincided with upward price moves… From a wider vantage point, the pattern indicates confidence in the NEXO token, and the @Nexo ecosystem.” – By @oinonen_t pic.twitter.com/8rdmpoxVDc
— CryptoQuant.com (@cryptoquant_com) April 16, 2026
Taker buy volume signals return of aggressive demand
Recent data from CryptoQuant shows a notable increase in Nexo-related taker buy volume following a prolonged period dominated by sell-side activity. This shift indicates that buyers are increasingly executing market orders, showing a willingness to enter positions quickly rather than waiting for lower prices.
Taker buy volume is often used as a measure of conviction, reflecting how aggressively participants are entering the market. A sustained rise typically points to strengthening demand and has historically aligned with early stages of upward price movement.
The transition from sell dominance to buy pressure suggests a possible inflection point, with activity coming from a mix of large holders, institutions, and retail participants.
Liquidity access model drives continued interest in Nexo
Growing interest in Nexo is also tied to its lending model, which allows users to access liquidity without selling their crypto holdings. Investors can borrow fiat or stablecoins against their assets, maintaining market exposure while unlocking capital.
This structure has become increasingly relevant in volatile conditions, where preserving upside potential remains a priority. By offering what many view as a more tax-efficient way to access funds, the platform continues to attract users looking for flexibility without exiting positions.
Meanwhile, Nexo recorded more than $30 billion in cumulative stablecoin inflows as of January 2026, suggesting sustained investor confidence in crypto-backed lending platforms despite recent market volatility
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