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

Crypto News Roundup – July 4, 2025

$4.36 Billion in Dormant Bitcoin Reactivated in a Single Day

In a historic on-chain anomaly, four long-dormant Bitcoin wallets, each holding 10,000 BTC, have been activated after more than 14 years of inactivity. These wallets, likely mined or acquired in Bitcoin's earliest days, collectively held just $30,800 in 2011—now worth over $4.36 billion.

1. Wallet 1: $1.093 billion
2. Wallet 2: $1.093 billion
3. Wallet 3: $1.087 billion (Estimated)
4. Wallet 4: $1.087 billion (Estimated)
    

• Total: 40,000 BTC
• Time Dormant: ~14.2 to 14.3 years
• Value Then: ~$0.77/BTC
• Value Now: ~$109,000/BTC

Market watchers are stunned by the scale of reactivation in a single day. Some interpret this as potential early-adopter reshuffling, while others fear a major sell-off.

BlackRock, Fidelity & ARK Invest Stack Bitcoin

Meanwhile, institutional confidence is on full display. Recent reports confirm that BlackRock, Fidelity, and ARK Invest have collectively purchased $575.8 million in Bitcoin.

This move supports:

• ETF-driven accumulation
• Optimism over regulatory clarity
• A growing belief that BTC could reach $120K in the coming weeks

The scale of institutional buying sharply contrasts the dormant whale movements—fueling a wave of bullish speculation.

Institutions Scoop Up 57,700 ETH

Institutions aren’t just buying Bitcoin. Ethereum has also attracted attention:

• 57,700 ETH acquired by BlackRock and Fidelity
• Current valuation: $148.5 million
• Follows Ethereum ETF approvals and staking upgrades

Traders are betting that $ETH could soon reach $10,000, backed by Layer-2 growth and renewed institutional trust.

$1 Billion in USDT Minted

Tether has minted another $1 billion in USDT, adding liquidity to markets.

• Historically correlates with bullish market shifts
• Likely to be deployed on exchanges and into DeFi protocols

Market watchers see this as yet another signal of rising demand across the board.

U.S. Proposes Tax Relief for Crypto Microtransactions

Senator Cynthia Lummis has introduced legislation to:

• Eliminate capital gains tax for crypto transactions under $300
• Encourage crypto as a day-to-day payment tool
• Lower barriers to entry for retail crypto users

If passed, it could significantly boost retail crypto adoption across the United States.

Trump’s ‘One Big Beautiful Bill’ Clears the House

President Donald Trump’s wide-reaching economic bill has passed the House. The legislation includes:

• Pro-crypto regulatory reforms
• Tax simplification for digital assets
• Measures to limit Federal Reserve authority

The bill is being celebrated in crypto circles as a turning point in U.S. digital asset policy.

Conclusion: A New Crypto Supercycle?

With:

1. 40,000 BTC reactivated after 14+ years
2. Institutions pouring billions into BTC and ETH
3. Tether printing fresh liquidity
4. Pro-crypto legislation gaining traction

July 2025 may go down as the spark that ignited the next crypto supercycle.

$BTC, $ETH, $USDT