Nexo Price Holds $0.83 as Whale Accumulation and Volume Cools
The analytical platform CryptoQuant data showed heavy whale accumulation in Nexo during the first quarter of 2026. The strongest move came in February, when the token fell to $0.83. That level drew aggressive buying from large holders. The platform tracked the trend through its Whale Count Year-Over-Year Change Percentage metric. Its review covered January, February, and March. The readings pointed to strong support forming around one price zone. Source: CryptoQuant Nexo Whales Build Strong $0.83 Support During January, $NEXO traded at an average price near $0.94. Over that period, the YoY whale count rose by 55.17%. That increase showed that large holders were already building positions before the steeper decline. February became the key month in the quarter. As the average price slipped to the local bottom of $0.83, the YoY whale count change jumped to 122.58%. CryptoQuant said the spike reflected strong accumulation at that floor. That reaction made $0.83 an important demand zone for Nexo whales. Buying activity at that level showed strong conviction from larger entities. The move also created a firmer base for the tokens mid-term structure. March then tested whether those positions would hold. The average price moved back to $0.89 during the month. Even with that rebound, the YoY whale count
