Ethereum ascends: Institutional pivot and dormant whale moves signal a new era
The post Ethereum ascends: Institutional pivot and dormant whale moves signal a new era appeared on BitcoinEthereumNews.com.
Bit Digital shifts treasury from Bitcoin (BTC) to over 100K ETH. Dormant Ethereum wallets move millions after 10 years. ETH/BTC bull flag hints at a 35% breakout by August. Ethereum (ETH), the world’s second-largest cryptocurrency by market capitalisation, is stepping into what many believe could be a transformative phase, marked by growing institutional alignment and renewed on-chain activity from long-dormant whales. Momentum around the asset has intensified in recent weeks, with fresh technical setups, corporate accumulation, and protocol-level proposals all converging to highlight Ethereum’s evolving position as not just a programmable blockchain but also a premier financial infrastructure layer. Dormant giants awaken Blockchain analysts have spotted multiple early Ethereum wallets springing to life, with some holding “genesis” coins untouched since 2015. In one case, a wallet that received 900 ETH when the asset traded below $0.50 moved its holdings after nearly a decade, triggering curiosity across the crypto space. 💤 A dormant pre-mine address containing 900 #ETH (2,274,221 USD) has just been activated after 9.9 years (worth 279 USD in 2015)!https://t.co/SxQbL8Sp1Z — Whale Alert (@whale_alert) July 7, 2025 On the same day, another wallet, also tied to Ethereum’s genesis phase, transferred 240 ETH after remaining inactive for exactly 3,630 days. While the holders are not technically whales by Ethereum’s classification, such movements often reflect either confidence shifts or strategic repositioning, particularly amid market optimism. The renewed activity echoes a broader pattern across the digital asset space, where legacy Bitcoin wallets have also been reactivating, in some cases after more than 14 years of dormancy. These sudden moves by early adopters signal that legacy stakeholders are once again paying close attention to Ethereum’s trajectory, especially as it gains ground on Bitcoin in structural and financial terms. Institutions turn to Ethereum Leading this shift is Bit Digital Inc., a Nasdaq-listed company that…
Filed under: News - @ July 8, 2025 3:29 pm