A single whale sale of 24,000 BTC triggered a sharp Bitcoin price drop of around $4,000 in mere minutes, echoing across the market and testing investor resolve.
Yet amid this turbulence, Remittix (RTX) held firm. While Bitcoin price dips unsettle markets, Remittix’s roadmap-based strength and growing utility offer contrast and opportunity.
Bitcoin Price Drops Rapidly After Huge Whale Sale
A whale emptied 24,000 BTC worth roughly $2.7 billion onto exchanges in a flash, triggering cascading liquidations and sending the Bitcoin price tumbling from about $114,600 to around $110,700 within minutes.
This triggered more than $300 million in margin liquidations across the market, destroying leveraged positions and sparking sell-offs. Analysts note Bitcoin price now faces technical pressure beneath a lower high, with support forming in the $110k range while overhead resistance sets in near $115–117k.
Remittix Price Remains Resilient as Bitcoin Faces Volatility
Remittix (RTX) is showing strength where Bitcoin price falters, rooted in tangible progress. It has sold over 620 million tokens, is priced at $0.0987, and has raised over $21.4 million, metrics that signal real investor confidence.
It passed the $20 million milestone, secured its first listing on BitMart, and is preparing a second exchange debut when funding reaches $22 million. A Q3 wallet beta launch is scheduled for September, along with a $250,000 giveaway to drive early adoption.
Here’s why Remittix stands out:
- PayFi wallet, launching this quarter, enables direct crypto to bank transfers
- Supports over 40 cryptos and 30 fiat currencies for seamless transactions
- Built for real usage, especially freelancers, remitters, and merchants
- Backed by CertiK audited security and deflationary tokenomics
- Positioned for real adoption, not just speculative momentum
Remittix’s utility focus shields its price from broad market shocks, allowing it to maintain traction even during Bitcoin price volatility.
Bitcoin Falls, Remittix Stands Tall
While the Bitcoin price plunge triggered by whale activity reveals how easily markets can destabilize, Remittix offers a stabilizing contrast. Its concrete milestones, wallet launch, exchange listings, and real utility underscore that not all tokens react the same. Remittix’s resilience and roadmap may offer a clearer and steadier path for investors navigating market shockwaves.
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
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Reporter at Coindoo
Source: https://coindoo.com/bitcoin-price-slumps-4000-in-minutes-from-24000-btc-sell-as-remittix-price-stands-strong-despite-market-shock/