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Crypto Whales Awaken as $4.3B in Dormant Bitcoin Reactivated – BlackRock, Fidelity Buy In

  • Four dormant Bitcoin wallets holding 10,000 BTC each, inactive for over 14 years, were reactivated in a historic event, now valued over $4.36 billion collectively.
  • Institutional investors like BlackRock, Fidelity, and ARK Invest have bought $575.8 million in Bitcoin, signaling growing confidence and potential for BTC to reach $120,000 soon.
  • BlackRock and Fidelity have also acquired 57,700 ETH worth $148.5 million, as Ethereum gains institutional interest with expectations of reaching $10,000 fueled by growth and trust.
  • Tether mints $1 billion in USDT, potentially indicating bullish market trends, while U.S. proposals for tax relief on crypto microtransactions and Trump's pro-crypto bill signal rising adoption and a potential new crypto supercycle.

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