In a market where every altcoin claims to be “the next big thing,” actions speak louder than marketing and Ethereum’s most respected whales are making bold moves. Over the past few weeks, several high-profile ETH wallets have quietly accumulated millions of Remittix (RTX) tokens, signaling growing conviction that PayFi isn’t just another trend, it’s the future of payments.
As traditional DeFi cools and speculation shifts toward real-world utility, Remittix is emerging as a frontrunner in the crypto-to-fiat revolution. Here we will and if the whales are right, we’re only seeing the beginning.
Ethereum price slips below $2.5K as bearish pressure mounts
After briefly touching $2,700, Ethereum [ETH] has hit a rough patch, facing sharp rejection and tumbling to a low of $2,463. At the time of writing (May 26), Ethereum price trades at $2,476, marking a 3.05% drop in the past 24 hours. But this isn’t just a technical pullback, rising bearish sentiment is sweeping across both derivatives and spot markets.
One major red flag comes from CryptoQuant, which shows a sharp decline in the 14-day Taker Buy-Sell Ratio. This metric signals that aggressive sell orders are overwhelming buys, revealing increased conviction among short sellers.
Adding to the pressure, data from IntoTheBlock reveals that large Ethereum holders, whales, have shifted into sell mode. The Large Holder Netflow turned negative, plunging to -12.7K ETH, indicating over 188,600 ETH dumped in a single day.
Source: Coinalyze
Retail investors are following suit. According to Coinalyze, the Spot Buy vs. Sell Volume showed a negative delta of 22.53K, with 113.1K ETH sold versus just 90K bought. This imbalance underscores broad market fear and a tilt toward profit-taking.
All eyes are now on the $2.2K support level. If ETH breaks below it, a deeper drop toward $2K could follow. Still, if this wave of selling stems from short-term panic, it might pave the way for a bullish rebound, but only if buyers return with conviction.
Ethereum whales are betting big on the PayFi revolution
In every major financial shift, the early movers see what the rest of the world overlooks. Just as PayPal revolutionized digital payments and Stripe empowered startups, Remittix is now positioning itself as the disruptor of the $250+ trillion cross-border payments industry. Ethereum whales know the pattern, and they’re betting big on the next wave: PayFi.
The payFi revolution is here. Source: Remittix
Legacy systems like SWIFT and traditional banks are slow, opaque, and expensive. Cross-border transfers can take days, involve up to five intermediaries and bleed users with hidden FX fees. In an age of instant everything, these systems feel prehistoric.
Remittix flips the script with real-time crypto-to-fiat transfers to any bank, anywhere, no banks, no borders, no BS. This isn’t just another payments app. It’s a fully functional, blockchain-powered bridge that lets users send, receive and convert digital assets with ease. Ethereum whales see the game-changing potential, especially in markets underserved by traditional finance.
Where platforms like Wise and Coinbase stop at on-ramps or limited coverage, Remittix goes further. It offers full merchant tools, smart contract automation and flat-fee structures that slash costs and remove friction. It’s not just for crypto natives, it’s built for the world.
This is more than a trend. It’s a rewire of how global money moves. And the whales? They’re not just buying tokens, they’re buying the future.
Conclusion
While Ethereum struggles below $2.5K amid selling pressure, smart whales are quietly accumulating Remittix tokens, betting on PayFi’s massive potential in cross-border payments. Their moves suggest they see beyond current market fear to recognize real utility.
Remittix’s presale momentum backs this up, approaching 20,000 holders with tokens at $0.0757, over $15.4M raised and 539M+ RTX sold. When respected ETH whales position for the future while others panic-sell, it’s worth paying attention.
Discover the future of PayFi with Remittix by checking out their presale here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
