Bitcoin Whales Accumulate 280K BTC, $97K Level in Sight as Remittix Offers 200% Bonus

Bitcoin Whales Accumulate 280K BTC, $97K Level in Sight as Remittix Offers 200% Bonus

N
News Editor 01
2026-07-22 12:00:13
On-chain data shows whales bought 270K BTC in a month, pushing Bitcoin toward $97K. Meanwhile, PayFi project Remittix launches a limited 200% token bonus, drawing investors focused on real-world payments.
BitcoinPayFiRemittixwhale accumulationcrypto market

Bitcoin price is being driven toward the $97,000 mark by a quiet wave of accumulation. On-chain data reveals that large holders, often called whales, snapped up roughly 270,000 BTC in the past month, worth about $23 billion. These address groups now hold around 2.28 million BTC and show no rush to sell into small bounces. Analyst Doctor Profit claims the breakout above a short-term resistance opens the door to the $97,000–$107,000 range before a deeper reset.

Macro risks keep bears on edge

Not everyone is bullish. Mr Wall Street warns that macro stress, new funding rules, and rising geopolitical risk could still push Bitcoin back toward $70,000. The market remains split between bulls and bears, with volatility keeping both camps nervous. Altcoins and DeFi tokens shuffle at the margins.

Remittix bridges hype to daily payments

While price action dominates headlines, PayFi project Remittix aims to turn crypto into a tool for real payments. Its wallet is live on the Apple App Store, with an Android release coming. The core plan is to launch a crypto-to-fiat bridge on February 9, 2026, allowing RTX and other coins to be sent directly to bank accounts, pay bills, and handle cross-border transfers without multiple exchanges or banking apps.

To attract early adopters, Remittix offers a limited 200% token bonus on RTX purchases, capped at 5 million tokens. About a quarter was taken in 24 hours. Participants can triple their token allocation compared to a standard purchase, which the project markets as a path to “quick 200% gains” without promising future price movement. The contract has been audited by Certik, and listings on BitMart and LBank are confirmed.

From short-term moves to long-term utility

With whales accumulating, Bitcoin may test $97k in the near term. But cycles come and go, and projects with real utility tend to last. Remittix, priced under $1, combines a working wallet, a scheduled fiat bridge, and a focus on everyday payments beyond speculation. Its dual appeal—riding Bitcoin’s buzz while targeting the PayFi niche—could help RTX gain attention across multiple market cycles.

Visit the Remittix website and socials for more details.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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