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BlackRock Shakes Crypto Markets: $650M ETH & BTC Transfer to Coinbase Sparks Trader Anxiety

BlackRock Shakes Crypto Markets: $650M ETH & BTC Transfer to Coinbase Sparks Trader Anxiety

Published:
2025-08-07 15:58:00
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Wall Street's quiet giant just rattled the crypto cage. BlackRock's nine-figure digital asset shuffle hits exchanges as traders brace for impact.

When $650 million in crypto changes hands, the market holds its breath. The institutional whale's move signals either shrewd repositioning or prelude to a liquidity event—either way, leverage traders are scrambling.

ETH and BTC positions this size don't move quietly. The transfer to Coinbase Prime suggests imminent execution, whether for client rebalancing or that oldest Wall Street tradition: profit-taking disguised as 'strategic allocation.'

Futures markets flash red as hedging activity spikes. Smart money knows BlackRock doesn't make moves—it makes earthquakes. Retail 'hodlers' might want to check their stop-loss settings.

One thing's certain: when the world's largest asset manager plays hot potato with crypto, someone's about to get burned. Probably whoever bought the 'institutional adoption means price stability' narrative.

BlackRock’s strategic move in transferring over $650 million of ethereum and Bitcoin to Coinbase Prime has, in the process, unleashed widespread speculation across the crypto universe. Some see it as positioning ahead of a bull leg, while others hedge against a potential dip, especially with rising market volatility. Amidst uncertainty, Remittix, a young entrant in the DeFi project space, is building quietly.

Traders Eye Ethereum, Bitcoin Moves Closely

Highest wallet observers spotted BlackRock’s latest trades, as over $400 million in Bitcoin and nearly $250 million in Ethereum have been moved to Coinbase Prime accounts. While intent is not yet verified, the magnitude and the recipient point toward a possible selling or liquidity setup.

Bitcoin has traded at $115,134.29, up 1.79%, and has a market cap of $2.29 trillion. But its daily volume declined 4.52% to $57.15 billion, which indicates that traders are acting cautiously.

Ethereum is also slightly up by 1.82% at $3,653.28, with a market cap of nearly $440.86 billion. However, its volume declined sharply by 18.34%, showing reduced on-chain activity even though prices are stable.

These market signals are pushing traders to diversify into low-cap crypto gems, discover crypto with real utility, or explore early-stage crypto presales live.

Remittix Steals the Spotlight

As Bitcoin and Ethereum grab all the headlines, Remittix (RTX) is laying down solid foundations without much fanfare. As a cross-chain DeFi solution, Remittix allows users to send crypto directly into bank accounts of 30+ countries, without centralized exchanges at all.

The project is preparing for a major milestone: the Q3 2025 beta launch of its mobile wallet. The wallet will support 40+ cryptocurrencies, real-time FX conversion, and instant crypto-to-fiat withdrawals — an upgrade in crypto addressing real-world challenges.

At a token price of $0.0895 today, Remittix has sold 583 million+ RTX tokens and raised over $18.2 million in its presale so far. There is a 40% bonus currently active, giving early supporters additional upside. The project is running fast to hit its $18M soft cap target, and the momentum grows every day.

You can buy the RTX token here and participate in the Remittix $250,000 giveaway now.

What Makes Remittix Unique?

Unlike many other new altcoin to watch initiatives, Remittix isn’t hype-driven. It’s attempting to solve an actual $19T cross-border payments issue using software the average user can implement. It has a clean, mobile-focused UX and a real-world use case for freelancers, international income earners, and businesses.

The wallet surprise has put additional focus on its utility-centric model, especially when other networks are plagued with high gas prices and depressed fiat off-ramps. As a low-gas-fee cryptocurrency project, it’s an easy choice for those tired of high-cost Layer 2 Ethereum substitutes.

Why Remittix is Taking Off?

  • International Reach: Send cryptocurrency directly to bank accounts in 30+ nations
  • Wallet Beta Q3 2025: Multi-crypto support and real-time FX
  • Over $18.2 Million Raised: One of the quickest-growing presales of 2025
  • 40% Bonus & Giveaway: Rewarding early adopters generously
  • Built for Utility: Not a meme coin — a genuine product that actually solves real problems

For those seeking the top crypto under $1, or in need of the top long-term crypto investment, Remittix might introduce a new choice into stagnant majors. Having a product already in development and a clear roadmap, it’s one of the top DeFi projects 2025 has to offer.

The crypto universe is watching in anticipation as Ethereum, Bitcoin, and institutional whales like BlackRock make big moves. The market still has room for new cryptocurrency projects that deliver valuable solutions. Remittix (RTX) is exactly doing that — enabling fast, easy, low-cost international payments, all from your phone.

As investors are still hedging their bets and seeking early-stage crypto investment opportunities, the appeal of such projects as Remittix only grows. With real infrastructure and growing consumer demand, it’s shaping up to be a legitimate next big altcoin 2025.

Discover the future of PayFi with Remittix by checking out their presale here:

https://remittix.io/

https://linktr.ee/remittix

https://gleam.io/competitions/nz84L-250000-remittix-giveaway

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