Crypto whales remain divided on Bitcoin and Ethereum following last week’s volatility, with some flipping bullish while others open massive short positions. But while traders argue over the direction of BTC and ETH, on-chain data reveals something more interesting — large holders are quietly accumulating Digitap ($TAP), a presale token already supported by working infrastructure.
The coordinated wallet activity mirrors patterns historically seen before major breakouts in early-stage projects.
Bitcoin and Ethereum Whales Split as Volatility Returns
Bitcoin trades near $108,000 after testing $104,000 support last week, while Ethereum hovers around $3,850. The whale’s positioning paints a picture of uncertainty rather than conviction.
One whale, managing over $250 million across BTC and ETH, recently flipped from bearish to bullish — opening a 15x long on 1,610 BTC ($173M) and a 3x long on 19,894 ETH ($77.4M).
Meanwhile, another deposited 30 million USDC to open a 10x short on 700 BTC ($75.5M) — the same trader who pocketed $160M shorting during the October 11 crash.
Wallets linked to Andrew Kang also opened $68M in new shorts, including 10,275 ETH at 25x leverage and 269 BTC at 40x.
The technical backdrop supports this split sentiment. Bitcoin rebounded to $111,000, with U.S. Bitcoin spot ETFs seeing $366.59M in outflows on Friday. Ethereum faces its own hurdles, struggling to reclaim its 20-day EMA at $4,098 and facing resistance between $4,100–$4,150.
The takeaway? When whales rely on leverage and tight stop-losses instead of spot accumulation, it suggests defensive positioning — they’re protecting gains, not betting on the next leg higher.
On-Chain Data Shows Whales Quietly Accumulating Digitap
On-chain data points to a different story in the Digitap presale. Large wallet holders are accumulating methodically, not flipping for short-term gains — a pattern typically associated with institutional accumulation ahead of exchange listings.
The Digitap presale has raised nearly $1 million, with over 67 million $TAP tokens sold. Stage two is live at $0.0194, set to rise 38% to $0.0268 in stage three next week. The clustering of large wallets indicates strategic accumulation, echoing early accumulation patterns seen before BNB’s breakout.
What separates Digitap from speculative presales is execution. The app is already live on iOS and Android, featuring Visa-linked cards compatible with Apple Pay and Google Pay. Users are processing real transactions through established payment networks — not just promises of future utility.
Tokenomics further strengthens the case:
- 44% allocated to presale
- 1% to the team (locked for five years)
- A buyback-and-burn mechanism that uses half of platform profits to reduce supply permanently
This design creates deflationary pressure that scales with adoption — more users mean more burns, tightening supply over time.
USE THE CODE “LIVEAPP30” FOR 30% OFF FIRST-TIME PURCHASES
Alt Coins to Watch in Payments — Digitap’s Market Angle
Digitap is positioned in massive, high-fee industries ripe for disruption:
- Cross-border payments projected to exceed $250 trillion annually by 2027
- Remittances totaling $860 billion yearly at an average of 6.2% fees — Digitap undercuts to under 1%
- 1.4 billion unbanked individuals who could benefit from instant digital payment access
Even fractional market penetration could generate substantial transaction volume and corresponding token burns.
Best Cheap Crypto to Buy — Whales Eye Early-Stage $TAP
Bitcoin and Ethereum may continue their gradual climbs, but exponential upside increasingly lies in early-stage projects with working products and scalable ecosystems.
Analysts forecast $TAP could reach $1 post-listing — a 50x gain from current presale pricing — with ultra-bullish scenarios targeting 10,000%+ returns if platform adoption accelerates. For whales deploying new capital, the risk-reward balance favors growth-stage assets over consolidating majors.
The message from whale wallets is clear: the real accumulation isn’t happening around Bitcoin’s resistance or Ethereum’s range-bound levels. It’s happening in projects that deliver products first and tokens second. Whether Digitap becomes this cycle’s breakout remains to be seen — but on-chain data shows whales are already placing their bets.
Discover the future of crypto cards with Digitap by checking out their live Visa card project here:
Presale https://presale.digitap.app
Website: https://digitap.app
Social: https://linktr.ee/digitap.app
