The ETH price has been in a battle to maintain its position above the $4,000 mark, as whales prepare for a potential ETH bounce. Despite Ethereum’s technical strength, there’s been a noticeable shift in the market.
Some of the largest Ethereum whales are reallocating their funds from ETH into a more utility-focused play: Remittix (RTX). This move reflects growing interest in the PayFi narrative as Remittix positions itself as a key player in the crypto-to-FIAT space for 2025.
Ethereum Price: Whale Bets and Market Pressure
The ETH price has recently experienced some turbulence, but Ethereum whales are stepping in to make bold moves. One whale opened a massive $16.3 million long position at a price of $4,321 per ETH.
The current technicals support this play, with Ethereum news showing that a push above the $4,300–$4,360 range could trigger a strong move toward $4,750.
A 1% increase from the whale’s entry price would generate $163,000 in profit, reflecting confidence in a bounce from current levels. Data from X user, @Callmekeed, shows a liquidation cluster above $4,300, suggesting that ETH price could be drawn toward this level, triggering stop hunts and further pushing up the price. ETH price remains supported by the 20-day EMA, providing a solid floor for future moves.
However, with Ethereum whales positioning for upside, the pressure is on for ETH price to maintain momentum. A failure to break past $4,300 could see a reversion to lower support levels, testing the strength of bullish market sentiment.
Why Remittix Is Drawing Attention From Ethereum Whales
While Ethereum price actions play out, Remittix (RTX) is gaining traction as a leading DeFi project offering real-world utility. Remittix provides an easy-to-use platform for crypto-to-fiat transfers, positioning itself as a serious competitor in the growing PayFi market.
Here’s why Remittix has all the attention:
- Over $20.6M raised in its presale, signaling strong demand for low gas fee crypto solutions
- 40+ cryptocurrencies and 30+ FIAT currencies supported, providing wide market accessibility
- Fast, no-hassle cross-border payments with transparent FX conversion
- $250,000 Remittix Giveaway creating excitement as more investors join the presale
As Ethereum whales seek to balance their portfolios, many are looking for projects with real utility that solve pressing issues in the global payments sector.
Remittix (RTX) offers a much-needed solution for cross-border transactions that is more scalable and practical than existing payment systems. This focus on actual use rather than speculative trading positions Remittix as a solid growth opportunity with a 50x potential in the coming months.
Don’t Miss the Shift: Position Early in Remittix Before the Next Surge
While ETH price may continue its journey toward higher levels, the next big crypto could be one that has already moved from speculation to real-world utility. Remittix is breaking into a market that Ethereum and others have only begun to address.
Get ahead of the curve, position now before Remittix’s next breakout and don’t miss out on this PayFi project making waves in 2025.
Discover the future of PayFi with Remittix by checking out their project here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
$250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway
